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EA’s Jeff Burton Joins P2Earn Inc As Chairman Of Advisory Board

Play to earn, also referred to as GameFi, is now the industry’s fastest-growing sub-sector.

The valuation of the online gaming business is expected to hit USD116 billion by 2021, thanks to the fact that more than 3 billion people around the world spend time playing these games.

P2E is expected to reach USD3.7 billion by 2028, making it one of the most fascinating gaming platforms in the world. New entrants to the market are seen as a boon for the industry’s potential to become “the future of online gaming.”

P2Earn Inc has been one of the most well-known companies in the industry today. It boasts of revolutionary technologies that make it a cut above the rest.

P2Earn Inc Welcomes Jeff Burton As Board of Advisors Head

P2Earn Inc, a Canadian blockchain gaming firm, has recruited Jeff Burton, co-founder of gaming giant Electronic Arts (EA), to serve as chairman of its board of advisors.

Burton’s impressive resume in the computer gaming industry, in addition to his stellar credentials, makes him an invaluable asset to the play-to-earn startup. Burton brings a plethora of experience and insight to the table, making him an important addition to the company’s growth and development.

In a recent announcement, P2Earn Inc. revealed that the full release of their platform would occur in the second quarter of 2023. After eight months of successful beta testing with a small group of users, the product is finally ready to be released to the public.

Burton helped start Electronic Arts, the company responsible for the Medal of Honor series, the Madden football franchise, and the PGA Tour video game franchise, among many other popular games.

P2Earn Inc: The 1st Play-to-Earn Gaming Guild To Go Public

In 2011, P2Earn Inc. was founded to meet the growing demand for cryptocurrency-related services. The company is the first play-to-earn gaming guild to go public, and it provides blockchain gamers with a unified online platform.

Player ownership of an NFT is not necessary to participate in the game’s play-to-earn concept. As part of a gaming guild, gamers can rent in-game assets from one another and pay for such rentals with money earned in-game.

Burton, sharing his enthusiasm following his appointment to P2Earn’s advisory board, remarked how “delighted” he was to be part of the company’s efforts to bring Play-2-Earn gaming to the masses.

The advisory board chairman said in a press release:

“I have long believed that the concept of players earning a share of the profits through gameplay was the future of all gaming.” 

Since at least 2017, Burton has shown an interest in cryptocurrency on a professional level. His LinkedIn page says that he had served on the Board of Advisors for the cryptocurrency education platform BitDegree.

The Lithuanian crypto game Engines of Fury, which is currently in beta and describes itself as a “MOBA RPG” (a hybrid of the multiplayer online battle arena (MOBA) genre and role-playing games (RPG), has appointed him as Chairman of the Board of Advisors.

Meanwhile, P2Earn CEO Alex Lineton was ecstatic to have Burton on board before the official release of the P2Earn Gaming Guild.

Lineton said:

“Jeff’s experience and network are not only legendary in the industry, but also proving invaluable to us as we begin to enter the next phase of growth of our Gaming Guild.” 

Under Burton’s guidance, Lineton said he is excited to bring on more gaming industry experts to the advisory board.

-Featured image from p2earncorporate.io/

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Lightning Speed: 5 Ways To Make Money/ Earn Sats Using The Lightning Network

Earning sats for the first time is a magical experience and NewsBTC is here to guide you through it. The Lightning Network gave bitcoin real micro-transactions with extremely low fees. That opened up new avenues for the bitcoin network to expand through, avenues that the world is just beginning to explore. In the following text, we will present seven projects that pay their users or allows them to get tips from the community. In sats, using the Lightning Network.

Unlike most altcoins, bitcoin is truly scarce, has a hard total cap, and wasn’t pre-mined. The rewards that the following projects offer are low compared to million-dollar NFT collections and unreal 20% yields. However, you will earn real bitcoin by exploiting your hobbies. Cross your fingers, let’s hope this first guide has something for you. 

Before advancing, though, let’s quote Stacker News’ FAQ for a definition of sats AKA satoshis. “Sats are the smallest denomination of Bitcoin. Just like there are 100 pennies in 1 dollar, there are 100,000,000 sats in 1 Bitcoin.”

1.- Earn Sats Playing Games With Thndr

Go to Thndr, download and play classic games, like Snake, or new and original ones like Turbo84 or Bitcoin Bounce. Because of Android App store’s restrictions, the company can’t give you sats directly. You can earn them, though. “Each ticket you collect is an entry into the daily prize draw.  The more tickets that you collect, the more chances you have to win the bitcoin jackpot.”

It certainly beats playing retro videogames and not getting paid for it.

Thndr → https://www.thndr.games/

2.- Get Tips For Your Pictures With Starbackr

Publish your pictures and videos and get rewarded by the community on Starbackr. Tips in sats might not be the ideal way to support creators, but then again, maybe it is. Let’s experiment and see what the market says. And speaking about experiments, it seems like this service is just the first stage and not Starbackr’s final form. The company’s About Us says:

“We build the platform of choice for digital content creators with instant payments, low friction, and free of moral censorship. Building on the Bitcoin Lightning network allows us to deliver a content monetization platform that is dramatically less expensive, faster, and more creator-friendly.”

So, don’t lose faith if you’re not a photographer. We might hear from new services from Starbackr again in the not-so-distant future.

Starbackr —> https://app.starbackr.com/

BTC price chart for 09/01/2022 on Bitstamp | Source: BTC/USD on TradingView.com
3.- Get Sats For Your Content In Stacker News

Stacker News is a bitcoin-focused Hacker News clone that rewards content curation and production. The way it accomplishes this is the fundamental difference between the two sites, “Rather than collecting “upvotes” that are not redeemable or transferable on Reddit or Hacker News, Stacker News users earn sats that can immediately be spent anywhere,” their FAQ says. 

Each upvote or comment that your content gets rewards you with 1 sat minimum. Publishing is not free, though, it also costs 1 sat. This is one of the most evolved projects on the list, so there’s an economy around it and the team has developed new functionalities. For example, you can pay to boost your content and users can boost their upvote by rewarding more sats. 

Stacker News –> https://stacker.news/

4.- Cut Clips From Your Favorite Podcasts In Fountain

Fountain is a Podcasting 2.0-enabled app that distinguished itself from the crowd by allowing users to earn sats. You can listen to sponsored content and advertisement. Alternatively, you can comment or cut clips from your favorite podcast. If users like those comments or clips, you get a cut. Plus, the satisfaction of aiding in the promotion of your favorite podcast. 

Mind you, another possibility that Fountain and similar apps provide is that you can produce a podcast and get rewarded by the community under the Value-for-Value model. The barrier of entry is much higher, sure, but podcasting might be your calling. 

Fountain → https://www.fountain.fm/

5.- Trade Derivatives In Sats Through LN Markets

If technical analysis is your forte and fundamental analysis excites you, LN Markets offers an easy way to play the markets. “Trading is done directly from any Lightning wallet and enables super fast access to derivatives markets. Open a position by making a Lightning transaction, close the position and receive the money directly in your wallet,” their FAQ clarifies.

Open a trading position only if you know what you’re doing, though. At least watch a few NewsBTC Daily technical analysis episodes to kickstart your learning process. Or use LN Markets in testnet, which is also possible. Whatever you do, remember that playing the markets comes with inherent risk and that even the most experienced traders suffer devastating losses. Don’t use money that you can’t afford to lose. 

LN Markets → https://lnmarkets.com/

Before closing, some of these services assume that you already have a Lightning Network-specific wallet. Go and learn how to set one up before interacting with them. This closes NewsBTC’s first guide to making money through the Lightning Network. If you want more content like this, tell us through NewsBTC’s social media channels.

Featured Image: Bitcoin Bounce screenshot from Thndr Games | Charts by TradingView

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STEPN Kickstarts Gamers’ Interest As GMT Capitalizes On Bullish Retracement

And the game is on for STEPN as the GMT token plays in sync with other cryptocurrencies amplified for the bull run.  In the past couple of weeks, STEPN has been making upgrades on its network to rekindle the waning interest of gamers. And the token seems to be making a lot of progress.

The move-to-earn game has recently rolled out Health Points that set a certain life cycle for STEPN sneakers. They also were brewing an exciting STEPNrun Contest that is scheduled to kick off from July 25 to August 8 which is meant to get the word out about STEPN on social media. The contest is designed to run on both Instagram and Twitter.

GMT Token Price Warms Up At $1.01

The GMT token price is currently at $1.01 and is forecasted to take off in the past couple of days. It looks like STEPN is just warming up at this point with its recent updates.

When the contest was launched, GMT tokens gained support and advanced to $0.92. The GMT price has since then remarkably increased by 4% as seen in the past few days.

Alongside the GMT price growth, trading volume also surged for the same period. GMT’s trading volume has spiked by over 25% or at 492.16 million as of this writing. It only took a couple of days for the token to gain some traction. Additionally, GMT’s total token’s market cap has also jumped to $606.36 million from $553.76 million.

With the prices still showing an upward trend overnight, CoinMarketCap showed a 4.12% spike in STEPN’s GMT price in the last 24 hours.

STEPN’s GMT Token Set To Go Bullish In Coming Days

Meanwhile, STEPN’s GMT token seems to be hovering towards the overbought domain as seen on the 4-hour chat with the Money Flow Index or MFI at 74.02. Moreover, the token’s RSI was also spotted at 59.63.

On the other hand, GMT’s social dominance has lagged behind by 23%. Its social volume also declined by 67% as seen in the past couple of days. The token is seen to be moderately volatile or on the average when pitted against other cryptocurrencies.

With that being said, STEPN is currently in the top 43% of cryptocurrencies in terms of volatility.

STEPN’s GMT price is geared for an uptrend. With resistance at $1.03 and support found at $0.935037596620583, this sets up STEPN to go for a bullish movement before it faces hurdles from selling pressures.

Crypto total market cap at $1.06 trillion on the daily chart | Source: TradingView.com
Featured image from Atomic Wallet, chart from TradingView.com