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Enthusiast Gaming $EGLX.ca Chosen as Marketing Partner to Canada’s First #Esports Index, Evolve “Hero” ETF $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 8:41 AM on Tuesday, August 6th, 2019
EGLX:TSX-V
  • Enthusiast will promote Evolve’s “HERO” ETF across its network of gaming websites and YouTube channels 
  • Evolve ETF to be featured as premium sponsor of Gaming Industry Summit at EGLX 2019 
  • Evolve ETF will be exclusive ETF sponsor of GamingStreet.com, Enthusiast’s site dedicated to gaming investment news

TORONTO, Aug. 06, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX)(OTCQB: EGHIF), (“Enthusiast” or the “Company”), one of the largest vertically integrated video gaming media companies in North America, is excited to announce that it has entered into a marketing agreement (the “Agreement”) with Evolve ETF (“Evolve”) to provide marketing strategy and consultation, integrated advertising, and content solutions across Enthusiast’s online network and events to promote Evolve’s HERO esports index. 

HERO is Canada’s first esports ETF and is designed to provide investors with access to equity securities of companies in the video game industry. The HERO Index aims to capture the performance of the Solactive gaming and esports Index. The passive fund incorporates global securities with exposure to the video game and esports markets.

Under the Agreement, Enthusiast will launch a year-long advertising campaign for Evolve across its Canadian inventory of digital advertising solutions on its network of websites. In addition, Enthusiast will create advertising editorials and content through its newest website, GamingStreet.com, which was launched to inform and educate investors about the video gaming industry.  Evolve will also be the premium sponsor at the Gaming Industry Summit, which will be held on the opening day of Enthusiast Gaming Live Expo (EGLX) in October 2019.  Further details on the Gaming Industry Summit will be announced shortly. 

“As the provider of Canada’s first eGaming ETF, we are pleased to launch this partnership with the largest publicly traded video game media and esports company in North America,” said Evolve ETFs President and CEO, Raj Lala. “Enthusiast Gaming’s many offerings to this growing sector further legitimizes the global community surrounding eGaming. With eGaming revenue projected to exceed $152 billion in 2019, this partnership signifies an opportunity to serve a rapidly expanding consumer base as well as Canadian investors.”

Menashe Kestenbaum, Founder and CEO of Enthusiast Gaming commented, “We’re proud to be chosen as the marketing partner to Evolve ETF. This demonstrates Enthusiast Gaming’s continued authority and reach in gaming media along with the impact that our network distribution and events can provide to companies and brands that need wide exposure to this demographic.  With the gaming industry’s rapid rise and the emergence of investment opportunities, it is exciting to be at the forefront in providing creative advertising solutions.” He continued, “We look forward to the success of HERO and taking part in the continued growth and success of the gaming industry.” 

About Enthusiast Gaming

Founded in 2014, Enthusiast Gaming is one of the largest vertically integrated video game companies and has the fastest-growing online community of video gamers. Through the Company’s organic and acquisition strategy, it has amassed a platform of over 150 million monthly visitors across its network of websites and YouTube channels. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.

About Evolve Funds Group Inc.

With assets under management of over $485 million, Evolve is Canada’s fastest growing ETF provider since launching its first suite of ETFs on September 20, 2017.  As a leader in thematic ETFs, Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve’s suite of ETFs provide investors with access to: (i) long term investment themes; (ii) index-based income strategies; and (iii) some of the world’s leading investment managers.  Established by a team of industry veterans with a proven track record of success, we create investment products that make a difference.  For more information, please visit www.evolveetfs.com.

CONTACT INFORMATION:

Investor Relations: 
Julia Becker
Head of Investor Relations & Marketing
[email protected]
(604) 785.0850 

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that Enthusiast anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, comments with respect to strategies, expectations, planned operations and future actions of the Company. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Enthusiast to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to Enthusiast, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement. Trading in the securities of the Company should be considered highly speculative.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The securities of the Corporation have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.  

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Posted in All Recent Posts, Featured | Comments Off on Enthusiast Gaming $EGLX.ca Chosen as Marketing Partner to Canada’s First #Esports Index, Evolve “Hero” ETF $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Tartisan #Nickel $TN.ca – BHP confident nickel will surf EV wave better than lithium $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 9:00 PM on Sunday, August 4th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black
TN: CSE
Fact Sheet
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BHP confident nickel will surf EV wave better than lithium

  • BHP is optimistic about the decision to keep its Nickel West division and lean into the commodity to get a slice of the impending battery boom.
  • Speaking at the company’s nickel refinery in Kwinana on Friday Nickel West asset president Eddy Haegel said the company reviewed battery materials such as lithium and cobalt but they weren’t as attractive as nickel.
By Hamish Hastie

BHP Nickel West assett president Eddy Haegel.Credit:Hamish Hastie

“I think it would come as no great surprise that we didn’t think that

was attractive … because 70 per cent of it comes out of Democratic Republic of Congo and we’re not in a hurry to go and invest into DRC,” he said.

“In the case of lithium, there’s a lot of lithium in the world, it’s a very widely available mineral. Advertisement

“There will be periods of time when supply and demand don’t naturally match but we anticipate that there will be no sustainable premium in the lithium sector.

“Whereas we think that’s not the case with nickel.

“We think that in the medium to longer term that there will be a margin that will be sticky for nickel, so we think that’s an attractive commodity.”

The sale or shutdown of Nickel West has been on the cards for nearly a decade but in May its future seemed secure within BHP after chief executive Andrew Mackenzie indicated it was a valuable asset with high growth potential.

In 2015 none of Nickel West’s product went to the battery sector, now those customers gobble up 80 per cent of its output.

Nickel West is hedging its success on nickel sulphate, a crystalised version of nickel favoured by battery makers.

It is currently building a 100,000 tonnes per annum nickel sulphate plant in Kwinana, when it starts production next year it will be one of the biggest in the world.

The new nickel sulphate plant.Credit:Hamish Hastie

The original cost of the plant was $62 million but Mr Haegel confirmed it was tracking above that.

He would not reveal how much the plant will cost now.

Nickel West is a major partner of the $135 million battery materials research centre based in Perth.

Mr Haegal said they would probably provide nickel sulphate to researchers for free so they can test how capable Australia is of making high value battery prescursor materials.

“We’re really excited about the work that will get conducted in that space,” he said.

Source: https://www.smh.com.au/business/companies/bhp-confident-nickel-will-surf-ev-wave-better-than-lithium-20190802-p52dem.html

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Esports Entertainment Group $GMBL – Attitude toward #Esports does 180 at #XGames $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 11:26 AM on Friday, August 2nd, 2019
SPONSOR: Esports Entertainment $GMBL Esports audience is 350M, growing to 590M, Esports wagering is projected at $23 BILLION by 2020. The company has launched VIE.gg esports betting platform and has accelerated affiliate marketing agreements with 190 Esports teams. Click here for more information
GMBL: OTCQB

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Attitude toward esports does 180 at X Games

  • Gaming has become more mainstream and is currently at the forefront of public discussion due to the $30 million prize pool — one of the largest prize pools ever at an esports event — offered at the Fortnite World Cup Finals last weekend.
  • The winner, Kyle “Bugha” Giersdorf, took home $3 million as the solos champion.

Emily Rand

Wade was a competitor and silver medalist in BMX Freestyle Big Air in 2014.

Eight teams competed in Call of Duty: Ghosts in the MLG X Games Invitational in Austin, Texas. OpTic Gaming, then made up of Matt “Nadeshot” Haag, Seth “Scump” Abner, James “Clayster” Eubanks and Jordan “ProoFy” Cannon, became official X Games medalists.

The reaction against esports athletes receiving the same medals that the action sports athletes were getting was instant and vocal. At the crux of the issue was the fact that gamers didn’t put their physical bodies on the line in the same way as action sports competitors.

“I can see both sides,” Wade said. “I wasn’t particularly bothered by it, but from one point of view, the X Games are really physical sports in general, and gaming isn’t really physical. It’s very difficult, I’m not taking away from that, but the physical aspect of it, we do stuff with our bodies, we show our talents physically with what we can actually do. Whereas gaming is on the other end of the spectrum. The other side of that coin is that the gaming industry brought in a lot of sponsor revenue to keep all of us alive, so I’m not hating on it. Gotta keep the games flowing.”

A lot has changed since 2014.

“Honestly, the attitude shift I’ve seen is that no one talks about it,” Wade said. “When it first came out it was like, ‘What is this? It’s not even an action sport.’ Now it’s just kind of old news. It’s cool that there’s a spot for those guys. Everyone deserves to excel in what they love.”

Gaming has become more mainstream and is currently at the forefront of public discussion due to the $30 million prize pool — one of the largest prize pools ever at an esports event — offered at the Fortnite World Cup Finals last weekend. The winner, Kyle “Bugha” Giersdorf, took home $3 million as the solos champion.

The World Cup even made its way into an X Games Minneapolis news conference this week, when the EXP Apex Legends Invitational was introduced, with skateboarder Jagger Eaton asking if the event was a Fortnite tournament.

“Sports has always been the backbone of what we do,” said Tim Reed, vice president of X Games. “But the focus is on trying to remain relevant to youth culture and what kids are into so that people who show up at the X Games get a sense of what’s important to kids and important to young people in the world. So what we’ve just tried to do from the X Games perspective is make sure that we can bring in those elements that are also relevant.

“This year we’re doing more gaming. They’re getting different medals because last time we made that decision it was, uh,” Reed paused and laughed. “One that wasn’t very well-liked, so we made some adjustments, but we’re excited to bring those in.”

BMX rider Ryan Williams joked, “I’ll see how this X Games goes, and if I don’t do too well I think I’m going to start gaming.”

“I’ll carry you, I’ll carry you,” BMX rider Kyle Baldock replied.

“What’s the rule with that because I’m down to win some money if we’re going to do this,” Eaton said. “I’m down to play Apex. Let me know.”

“When we did it in, I think our first one was 2014, just the reaction was totally different,” Reed said. “There’s more athletes that play games than there was back then. You guys should hop in and try it out.”

“I’m gonna,” skateboarder Nicole Hause said. “Let’s go.”

Hause, a Minneapolis native, turned to video games while recovering from an injury that kept her from skating.

“I’ve been pretty shy about it,” Hause said. “I don’t usually talk about it that much, but at the same time, I don’t really care if anyone knows. It’s not something a lot of people would guess I do in my free time, but I do. A lot.”

Hause enjoys Battle Royale games, including Apex Legends, describing it as a mix of Halo and Call of Duty, but with a Battle Royale component.

“I like the Battle Royale gameplay style a lot,” Hause said. “I like Apex, but everyone wants to play Fortnite, and you need three people to play Apex,” Hause said. “I like both of them a lot, but I play Fortnite the most. In the past I played a lot of Call of Duty. A lot of Call of Duty.”

As for whether esports belong at the X Games, Hause thought it fit since so many X Games athletes play video games casually. In a way, video games have become a low-impact sport that traditional athletes can play in their offseason without serious injury risk.

“I think it’s cool because a lot of the action sports people play video games,” Hause said. “Especially nowadays. Most of the dudes in the park that I know play Fortnite — everybody plays video games now, NFL players — it’s like a sport we do in our off time. When we’re resting or it’s just a rainy day or whatever, you’re not practicing, it’s something everyone does whether they want to admit it or not.”

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FEATURE: 5 Small Cap Gold Stocks Benefiting From $1,400 Gold $AMK.ca $LAB.ca $AAX.ca $GGX.ca $GR.ca

Posted by AGORACOM at 10:30 AM on Friday, August 2nd, 2019
  • US $ Gold prices have remained above $1400 for five weeks, due in part to Federal Reserve’s actions
  • Continued Central Bank accumulation of physical gold represents fundamental floor
  • A weakening US dollar accelerates Central Bank demand and reinforces policies to continue purchases.
  • 2018 purchases came in at 650 tons
  • Estimates peg Central Banks purchases at approximately 375 tonnes in the first half of 2019
  • Trade wars ( China ) and Geopolitical conflicts ( Iran ) are price supportive
  • Technical factors support higher long term gold prices and renewal of bull market
  • Higher prices make marginal projects economic
  • Exploration becomes a renewed focus to supply future demand
https://www.kitco.com/news/2019-07-31/images/CentralBanksCapitalEconomics.PNG

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American Creek Resources (TSX-V: AMK)

American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged 0.683 g/t Au over 780m in a vertical intercept. The Treaty Creek property is located in the same hydrothermal system as Pretivm and Seabridge’s KSM deposits. Eric Sprott recently made a strategic 1$M investment in AMK

Hub On AGORACOM

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(TSX-V: LAB)

Lead by Shawn Ryan and Roger Moss, LAB has 2 district scale Gold projects in Labrador that have never seen any modern exploration techniques. Ashuanipi and Hopedale are being systematically explored for gold potential utilizing the same techniques that created the White Gold discoveries.  At Ashuanipi , a 15km long by 2 to 6 km wide north-south trend exists and a second 14 km long by 2 to 4 km wide east-west trend exists. At Hopedale, 2019 exploration has discovered two new mineralized showings. First showing extends potential strike length by approximately 500 metres along strike of the Thurber Dog gold occurrence; Second showing was discovered in the Misery North area

Hub On AGORACOM

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Image result for ggx gold
(TSX-V: GGX)

GGX gold has discovered high grade gold silver and tellurium in the Greenwood-Republic mining camp, British Columbia. The current 2019 drill program follows up on 2018 intercept of high grade gold-silver (129 g/t gold and 1,154 g/t silver over 7.28 meter) from the near surface COD vein which is projected to be 1.5 kms in length. In addition tellurium grades were announced with “up to 3,860 g/t tellurium”, including “823 g/t tellurium over 7.28-meter core length” and “640 g/t tellurium over 6.90-meter core length. 2019 drilling on COD North is currently underway.

Hub on AGORACOM

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https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564603/hub/GREATATLANTIC_LOGO_TESTER-e1480712241913.jpg
(TSX-V: GR)

Great Atlantic is situated between Marathon Gold and Sokoman in Canada’s newest emerging gold district. The Company reported a NI 43-101mineral resource estimate for the JMZ in late 2018 on Golden Promise and 2019 is focused on prospecting and geochemical sampling at high priority targets within the property. Planned 24 hole program in the northern half of the property at the gold-bearing Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ).

Hub on AGORACOM

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FULL DISCLOSURE: All companies listed above are advertising clients of AGORA Internet Relations Corp.

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Posted in Advance Gold, AGORACOM Client Feature, All Recent Posts, American Creek Resources Ltd., Featured, GGX Gold Corp., Great Atlantic Resources, Labrador Gold, Small and Micro-Cap Space, US Economy | Comments Off on FEATURE: 5 Small Cap Gold Stocks Benefiting From $1,400 Gold $AMK.ca $LAB.ca $AAX.ca $GGX.ca $GR.ca

betterU Education $BTRU.ca Mobile App launch a success in India $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:14 AM on Friday, August 2nd, 2019
BTRU: TSX-V
  • Announced the launch of their mobile app in parallel to their National Skills Development Corporation partnership announcement held at a Press Conference on July 15th 2019 in Delhi India
  • Company has been waiting to see how the app has been performing before announcing the details of the launch
  • launch of the Company’s mobile app is an important milestone required to support betterU’s revenue strategy and drive more awareness and user access to their library of global educators

OTTAWA, Aug. 02, 2019 – betterU Education Corp. (TSX VENTURE:BTRU) (FRANKFURT:5OGA), (the “Company” or “betterU”) is pleased to announce the launch of their mobile app in parallel to their National Skills Development Corporation (“NSDC”) partnership announcement held at a Press Conference on July 15th 2019 in Delhi India. The Company has been waiting to see how the app has been performing before announcing the details of the launch.

The launch of the Company’s mobile app is an important milestone required to support betterU’s revenue strategy and drive more awareness and user access to their library of global educators. India has the highest average data usage per smartphone in the world according to the latest Ericsson Mobility Report released in June 2019. It has also become the world’s fastest-growing market for mobile applications on both the Apple iOS and Google’s Android Play Store and leads in the greatest number of mobile app downloaded across both platforms, according to app market data and insights company App Annie. betterU has been focused over the last year on developing the right tools to ensure that their offering can be accessed through the most common channels in India.

betterU’s app, which can be downloaded from the Google Play Store, has already been downloaded over 1600 times in the last two weeks, is receiving good ratings and has no application crashes. The beta launch was a great test of the development efforts of the Company, having integrated their entire catalogue of global education partners as well as integrating betterU’s Upskill Engine, which is focused on supporting individualized skill development for jobs across industries within India. The development of Upskill Engine is ongoing and will continue to advance as more partnerships are realized through NSDC and India’s 38 Sector Skill Councils (SSC) which NSDC is working to support betterU on. The Upskill Engine is a key priority for betterU as it helps guide a user to through a self-assessment defined by each SSC, then it will provide a learning path of recommended courses the user would require to complete in order to advance their skills specifically for their job of interest.   

All marketing efforts going forward will be to drive users to download the mobile app so that no matter where they are, they can access the best education from around the world.

About betterU

betterU, an online education technology company, aims to provide access to quality education from around the world in order to foster growth and opportunity to those who want to better their lives. The Company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU’s offerings can be categorized into four broad functions: to compliment school programs with flexible KG-12 programs preparing children for their next stage of education, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this news release, BetterU will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities law, the Company assumes no obligation to update or revise any forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including, but not limited to: industry cyclicality; the ability to secure third party agreements; successful integration of BetterU’s system with third party technology; competition; reduction in demand for products; collection from customers; relationships with suppliers; product liability; intellectual property; reliance on key personnel; environmental; interest rates; uninsured and underinsured losses; operating hazards; risks of future legal proceedings; income tax matters; credit facilities; availability and terms of financing; distribution of securities; restrictions on potential growth; effect of market interest rates on price of securities; and potential dilution. betterU does not assume any obligation to update any forward-looking statements except as required by law.

CONTACT INFORMATION

On behalf of the Board of Directors,
betterU Education Corp.
Brad Loiselle, CEO

Investor Relations
1-613-695-4100
Email: [email protected]

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CardioComm Solutions $EKG.ca – #Mhealth Apps Market Size Worth $236.0 Billion by 2026 $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 4:23 PM on Thursday, August 1st, 2019

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

EKG: TSX-V
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mHealth Apps Market Size Worth $236.0 Billion by 2026

  • Global mHealth apps market size is expected to reach USD 236.0 billion by 2026
  • According to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of44.7% during the forecast period

The global mHealth apps market size is expected to reach USD 236.0 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 44.7% during the forecast period. The market is majorly driven by increasing adoption of advanced technologies in healthcare facilities and the need to reduce long waiting periods to access healthcare facilities from specialists. Availability of mobile applications for users is witnessing a rapid growth, especially healthcare apps that assist consumers in self-management of disease, wellness, and chronic conditions. This increased role of patients coupled with the rising importance in staying updated and informed about their own healthcare decisions, contributing to the rise in adoption of mHealth apps globally.

Key suggestions from the report:

  • Rapid growth in chronic diseases along with the rise in the number of app users is accountable for the mHealth apps market growth
  • The types of mHealth apps include fitness, lifestyle management, nutrition and diet, women’s health, medication adherence, healthcare providers, and disease management. Of these, the fitness category accounted for the majority of segment share in 2018
  • mHealth app vendors are focusing their attention on women’s health, diet, and medication reminders. According to Wired, a mobile advertising and analytics platform, women are more inclined toward tracking their health than men
  • Physicians are increasingly recommending the use of mHealth apps to their patients, which is likely to increase the adoption rate of mHealth apps
  • North America led the mhealth applications market in 2018 in terms of revenue share pertaining to the technological advancements and presence of major players in the region

Read More: https://finance.yahoo.com/news/mhealth-apps-market-size-worth-100500547.html

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ThreeD Capital Inc. $IDK.ca – #NBA is going #crypto, launching #blockchain souvenirs from the maker of #CryptoKitties $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 2:40 PM on Thursday, August 1st, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

IDK: CSE

NBA is going crypto, launching blockchain souvenirs from the maker of CryptoKitties

  • To put this product in context: The whole value proposition of blockchain, the decentralized peer-to-peer technology that came about with bitcoin in 2009, is as a place to record transactions on a public, immutable, tamper-proof ledger.
  • Bitcoin runs on its own blockchain; ether, a rival cryptocurrency, runs on the Ethereum blockchain.
  • NBA Top Shot will run on a blockchain.
  • Dapper Labs and the NBA aren’t saying yet exactly which blockchain, but it’s likely to be Ethereum, the home of CryptoKitties.

By: Daniel Roberts, Senior Writer

The NBA is putting its biggest dunks on a blockchain.

The league, along with the NBA Players Association, announced on Wednesday the coming launch of NBA Top Shot, a home for blockchain-based digital collectibles.

The idea is for fans to buy and trade unique digital video clips that commemorate “in-game moments from the NBA season, such as a Kevin Durant 3-point shot or Joel Embiid dunk,” the NBA says in a press release.

To put this product in context: The whole value proposition of blockchain, the decentralized peer-to-peer technology that came about with bitcoin in 2009, is as a place to record transactions on a public, immutable, tamper-proof ledger. Bitcoin runs on its own blockchain; ether, a rival cryptocurrency, runs on the Ethereum blockchain. NBA Top Shot will run on a blockchain. Dapper Labs and the NBA aren’t saying yet exactly which blockchain, but it’s likely to be Ethereum, the home of CryptoKitties.

Each video clip will be labeled with a number to mark it as distinct, much like when you purchase a print or signed piece of art and it is labeled with how many there are in supply.

Top Shot also promises a gamification element, where fans can compete head-to-head by building a roster and pitting their digital collections against each other, fantasy-style.

Much has been made about the uses of blockchain for sports memorabilia, since souvenirs or autographed items must be authenticated. As CoinDesk research director Nolan Bauerle put it at Yahoo Finance’s crypto summit last year, blockchain-based collectibles are “the extension of that anti-counterfeit quality of all of these coins. So this is really the beginning of what we’re going to see—I think, anyway—for sports memorabilia, for the authentication of game-worn jerseys, and cards, and all kinds of other stuff.”

But success here is hardly guaranteed—participation isn’t even guaranteed.

Major League Baseball launched a blockchain collectibles game last year with game developer Lucid Sight called MLB Crypto Baseball. It has not, so far, been an obvious hit. If you search Twitter for mentions of the product, most are complaints. It is also far from easy to use, since participants have to first buy the cryptocurrency ether.

The NBA’s product comes from Dapper Labs, maker of the mega-popular Ethereum game CryptoKitties. At its peak, the digital kittens in CryptoKitties were so popular they were selling for tens of thousands of dollars, and trading activity was clogging the entire Ethereum network.

Dapper Labs CEO Roham Gharegozlou acknowledges the possible pitfalls. “We want to give basketball fans something that they’ve never seen before, but also something that is immediately familiar and they want to actually play with… You might want that play because you love LeBron, you might love the team he’s currently on, or you might need that moment to play in the Top Shot game.”

Gharegozlou also points to the NBA’s huge social media following as something that can boost awareness of the game. “They’re going to be very engaged with us in helping make sure that this experience is authentic to the fan, and not just a crypto experience.”

Although this is the NBA’s first league-wide foray into blockchain, the Sacramento Kings last year launched an Ethereum mining operation to donate crypto to a local community charity. “We know blockchain is going to revolutionize the world,” Kings CTO Ryan Montoya told Yahoo Finance last June.

Now, one year later, the league office appears to agree. Adrienne O’Keeffe, NBA’s head of consumer products and gaming, says, “We are always exploring new ways to engage with fans around the world. We saw this partnership with Dapper Labs as an opportunity to expand our gaming presence while also creating a new and innovative platform that will allow fans to collect and own specific in-game moments.”

Source: https://finance.yahoo.com/news/nba-is-going-crypto-launching-blockchain-souvenirs-from-the-maker-of-crypto-kitties-185727384.html

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Posted in All Recent Posts, Bitcoin, Blockchain stocks, Canadian Blockchain Stocks, Smallcap Blockchain stocks, ThreeD, ThreeD Capital | Comments Off on ThreeD Capital Inc. $IDK.ca – #NBA is going #crypto, launching #blockchain souvenirs from the maker of #CryptoKitties $HIVE.ca $BLOC.ca $CODE.ca

CLIENT FEATURE: American Creek Resources Intersects 780m of 0.683 Gold at Treaty Creek in First Hole of 2019 Season $SII.ca $SA $SKE.ca $TUD.ca $PVG.ca $MRO.ca $NGT.ca $SPMT.ca $GTT.ca$III.ca $GGI.ca

Posted by AGORACOM at 10:13 AM on Thursday, August 1st, 2019
  • American Creek owns a 20% Carried Interest to Production at Treaty Creek.
  • Intersect included a high grade portion of 1.095g/t gold over 370m
  • Broad intercept an indication of a deep system at Goldstorm Zone
  • Located on trend and 5 km Northeast of Seabridge’s KSM deposits
  • Goldstorm system increases in grade as it trends Northeast
  • Eric Sprott recently placed 1$M strategic investment with AMK
http://blog.agoracom.com/wp-content/uploads/2019/07/image-11.png

If you have not yet read the 2019 REPORT ON TREATY CREEK (potential world-class deposit in B.C.’s GOLDEN TRIANGE) click on the image for the full report. 

Hub on Agoracom
  FULL DISCLOSURE: American Creek is an advertising client of AGORA Internet Relations Corp.

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Great Atlantic Resources $GR.ca – Central Banks See Ravenous Demand For Gold In Q2 To Protect Against Looming Risks $OM.ca $GGX.ca $GWM.ca $CNX.ca $SIC.ca $MOZ.ca $AGB.ca

Posted by AGORACOM at 9:40 AM on Thursday, August 1st, 2019

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  • Central banks’ insatiable appetite for gold dominated the marketplace between April and June, according to the latest data from the World Gold Council
  • Global gold demand totaled 1,123 tonnes in the second quarter, up 8% from the second quarter of 2018.
  • For the first half of the year, physical gold demand rose of 2,181.7 tonnes, its highest level in three years.

(Kitco News) – Central banks’ insatiable appetite for gold dominated the marketplace between April and June, according to the latest data from the World Gold Council (WGC).

In its second-quarter Gold Demand Trends report, the council said that central banks bought a total of 224 tonnes of gold between April and June. Official gold reserves increased by 374.1 tonnes in the first half of the year — “the largest net H1 increase in global gold reserves in our 19-year quarterly data series,” the analysts said in the report.

“Buying was again spread across a diverse range of – largely emerging market – countries,” the WGC said.

The WGC said that nine central banks bought gold in the first half of the year.

“Central banks, like other investors, sought safety in gold as they looked to protect themselves in the face of many looming risks,” the analysts said.

The report said that global gold demand totaled 1,123 tonnes in the second quarter, up 8% from the second quarter of 2018. For the first half of the year, physical gold demand rose of 2,181.7 tonnes, its highest level in three years.

The report highlighted renewed strength in key sectors of the gold market. In particular, gold jewelry demand in India increased by 12% to 168.8 tonnes, compared to the second quarter of 2018. This was the best year-over-year quarterly increase since the second quarter of 2017.

“Indian demand was boosted early in the quarter by the wedding season and festival buying, before slowing sharply as the gold price rallied in June,” the report said.

The WGC noted that India’s gold demand faces strong headwinds as purchases have come to a “virtual standstill.”

“The slowing economic environment and restrictions on the movement of cash during the elections were a drag on demand in April and May,” the report said.

The India gold market was also hit with higher tariffs in early July with import duties rising to 12.5% from 10%.

“Although we do not expect this to have a long-term impact on gold demand in India, we do see it having a dampening impact on Q3, particularly as gold prices have remained elevated,” the WGC said.

While India saw strong growth in the second quarter, the world’s largest gold consuming nation saw its third consecutive quarterly drop. The WGC said that Chinese jewelry demand dropped by 4% in Q2 to 137.8 tonnes.

“Demand ground to a halt once the June price rally began and retailer’s promotional efforts could not tempt consumers back. Reportedly, showrooms were deserted as the quarter came to a close,” the analysts said.

ETF Investment Demand Remains Robust

The second quarter started on a sour note for gold investors but ended with a bang, according to the report. Renewed interest in gold-backed exchange-traded products led the investment surge, increasing by 67.2 tonnes in the second quarter an increase of 99% from the second quarter of 2018.

The gains were predominantly seen in June as the month saw inflows of 126.7 tonnes, reversing April’s outflows of 57.2 tonnes. The WGC said that total hold holding reached a six-year high of 2,548 tonnes in the first half of the year.

“Geopolitical uncertainty, dovish monetary policy commentary by central banks, and a rising gold price were among the key factors that drove investors to increase their holdings,” the analysts said.

The WGC highlighted the growing trend of European and U.K. investors leading the way in the gold market. It noted that U.K.-listed funds accounted for 75% of all global inflows during the second quarter.

“Investors sought the safe haven of gold amid the uncertainty surrounding Brexit and the leadership battle that followed Theresa May’s resignation as Prime Minister,” the analysts said. “The sharp drop in the value of the pound also fueled inflows during the quarter as the U.K.’s growth prospects were cut following repeated failures in Brexit negotiations.”

The WGC added that historic negative bond yields in German bonds also added to gold’s investment appeal.

Lackluster Coin and Bar Demand

Although investors have been jumping into gold-backed ETFs, interest in physical gold was fairly muted. The WGC said that gold coin and bar demand dropped 12% in Q2 to 476.9 tonnes, the lowest level since 2009. They noted that June’s sharp price rally has weighed on physical demand.

“This market has been struggling for some time, with many traditional gold investors focused on America’s healthy economic growth, low unemployment, and continued wage growth,” the WGC said. “The gold price rally in June triggered selling by some investors, and coin premiums in the secondary market fell to their lowest level since before the global financial crisis, spurring gold exports from the US to Germany.”

Tech Sector Sees Lower Gold Demand

Although not a significant factor for the physical gold market, analysts said that the tech sector saw gold demand drop by 3% in the second quarter to 81.1 tonnes.

“This was the third consecutive quarter of falling demand, due to a range of challenges in the electronics sector, including the ongoing trade dispute between China and the US. However, there are signs of recovery and we expect declines to continue to slow throughout H2 2019,” the WGC said.

Gold Supply Rises Due To Record Production

The council noted that robust gold demand is being met with strong production; the analysts said that gold supply increased by 6% in the second quarter to 1,186.7 tonnes. The supply was led by record gold production between April and June.

The WGC added that gold production increased by 2% to 882.6 tonnes in the second quarter. “This is a record level of global output for a second quarter and follows on from a Q1 record of 847.5t.

Global gold production was let by Canada, Russia and the U.S. that saw their domestic production increase by 9% in the third quarter. Australia, which has reported record gold production in 2018 saw an increase of 6% in the second quarter.

The WGC also noted an increase in recycled gold as consumers sold into higher prices late in the quarter.

SOURCE: By Neils Christensen

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Posted in All Recent Posts, Great Atlantic Resources | Comments Off on Great Atlantic Resources $GR.ca – Central Banks See Ravenous Demand For Gold In Q2 To Protect Against Looming Risks $OM.ca $GGX.ca $GWM.ca $CNX.ca $SIC.ca $MOZ.ca $AGB.ca

Advance Gold $AAX.ca Reaches Agreement in Principle with Acacia Mining – Barrick Wants to Renegotiate Terms Since Agreeing To Takeover Of Acacia $ACA.gbx $ANG.jo $ABX.ca $NGT.ca $MGG.ca $SIL.ca $FA.ca $LON

Posted by AGORACOM at 9:00 AM on Thursday, August 1st, 2019
  • Concerning the existing joint venture between Acacia and Advance Gold respecting the Gold Rim property in Kenya
  • Advance Gold has been notified that Barrick would like to renegotiate the terms of the agreement in principle.
  • One of the highest-grade intersections on the Liranda Corridor came from the joint venture ground, returning 6 metres of 30.9 g/t gold

Kamloops, British Columbia–(Newsfile Corp. – August 1, 2019) – Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) wishes to report that having reached a signed agreement in principle with Acacia Mining plc (“Acacia”) concerning the existing joint venture between Acacia and Advance Gold respecting the Gold Rim property in Kenya, during the period of the proposed takeover of Acacia by Barrick Gold Corp. (“Barrick), Advance Gold has been notified that Barrick would like to renegotiate the terms of the agreement in principle.

Two of the three claims that make up the joint venture are to the east and west of Acacia’s 100% owned property. The joint venture covers approximately â…” of the Liranda Corridor, with Acacia’s 100% property making up the remaining â…“ of the corridor. Acacia has spent approximately $70 million on exploration and development on the Liranda Corridor, with $5 million spent on the joint venture ground and the remainder on Acacia’s 100% owned property.

The Liranda Corridor is in an Archean craton setting, with a large deep-seated structure, and high-grade gold zones. One of the highest-grade intersections on the Liranda Corridor came from the joint venture ground, returning 6 metres of 30.9 g/t gold, see April 18/2016 news release. The remaining key exploration question for the joint venture ground is concerning the continuity of the high-grade gold zones which will require further exploration drilling.

Allan Barry Laboucan, President and CEO of Advance Gold Corp., commented: “After months of negotiations to come to terms on an agreement in principle concerning Advance Gold’s purchase of the Acacia interest in the joint venture, it is disappointing that Barrick now want to renegotiate the terms. The agreement in principle included no cash payments up front, or stock at any time, a one-time $3 million payment upon commercial production and a sliding scale royalty. The terms of the agreement would allow us to focus funds on exploration and was something we could move on. The joint venture ground is highly prospective having the key criteria on a target like this, including the right age of the rocks, a large deep-seated structure that runs throughout 2 of the 3 claims in the joint venture. Most importantly, it has high-grade gold mineralization drill confirmed in several areas as set out in the news release of April 18/2016 and is open for exploration to advance the known zones along strike and at depth, as well as exploring for potentially more zones. We will assess our various options that are described below. We are keenly eager to advance the Kenya projects, but it must be on the right terms with funds focused on exploration not on “upfront” cash payments, for us the funds need to be focused on exploration drilling to move the Kenya projects forward.”

The joint venture is owned 85.37% by Acacia and 14.63% by Advance Gold. If during the joint venture either party decides to sell their interest, the other party has a first right of refusal on any offering price. If Advance Gold is diluted down to a 10% interest (approximately $1.7 million in exploration to dilute to an NSR), then its interest converts to a 3% uncapped net smelter royalty (NSR). In the event that Advance Gold is diluted to an NSR, Acacia Mining has no first rights of refusal and the NSR can be sold directly to any interested party. Both parties have the right to dilute the other down if the other party decides to not contribute exploration funds.

Julio Pinto Linares is a QP, Doctor in Geological Sciences with specialty in Economic Geology and Qualified Professional No. 01365 by MMSA., for Advance Gold and is the qualified person as defined by National Instrument 43-101 and he has read and approved the accuracy of technical information contained in this news release.

About Advance Gold Corp. (TSXV: AAX)

Advance Gold is a TSX-V listed junior exploration company focused on acquiring and exploring mineral properties containing precious metals. The Company acquired a 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico in 2017, and the Venaditas project, also in Zacatecas state, in April, 2018.

The Tabasquena project is located near the Milagros silver mine near the city of Ojocaliente, Mexico. Benefits at Tabasquena include road access to the claims, power to the claims, a 100-metre underground shaft and underground workings, plus it is a fully permitted mine.

Venaditas is well located adjacent to Teck’s San Nicolas mine, a VMS deposit, and it is approximately 11km to the east of the Tabasquena project, along a paved road.

In addition, Advance Gold holds a 14.63% interest on strategic claims in the Liranda Corridor in Kenya, East Africa. The remaining 85.37% of the Kakamega project is held by Acacia Mining (63% owned by Barrick Gold Corporation).

For further information, please contact:

Allan Barry Laboucan,
President and CEO
Phone: (604) 505-4753
Email: [email protected]

Corporate website: www.advancegold.ca

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