HypeProfit Blockchain-Based Casino Gaming Platform Announces First-Ever Gaming DeFi.
CAMBRIDGE, Dec. 20, 2020 — Hypeprofit will offer a great opportunity for their investors and worldwide to sponsor entire tournaments, back individual casino players in tournaments, and as well sponsor talented gamers on it’s newly rolled out DeFi application on Hypeprofit.
According to New Zoo, the world’s 2.7 billion gamers will spend $159.3 billion on games in 2020, with the market set to surpass $200 Billion by 2023. With consistent hand core gamer activity and rising numbers of new casual gamers brought on by Covid-19, more people are spending their time and money on competitive gaming activities. Additionally, the decrease in real-life sports betting due to various global restrictions has further increased interest in the casino market.
Hypeprofit is trying to be a leader in the market and keep trying to balance out this lop-sided system. Hypeprofit platform is making a decentralized, social gaming ecosystem aiming to offer a huge opportunity for any players wanting to monetize their gaming skills, expertise, or time.
“Timea Munkacsy CMO Quote”
“Hypeprofit will be one of the first-ever Peer to Peer Blockchain driven competitive casino gaming platforms and opening up several monetization avenues for Gaming and casino world in a competitive and decentralized fashion.”
Hype profit P2P Challenges and Matches
Hypeprofit P2P Challenges enable users to monetize their casino game skills by creating a challenge or accepting challenges from other global users while staking HYPE GOLD tokens. Hypeprofit Tron smart contract ensures transparency, in addition to fair resolutions of any potential game disputes. Hypeprofit P2P matches are designed to financially benefit professional gamers, while simultaneously growing the community by allowing anyone to back or support the top players and tournaments.
Hypeprofit Tournaments & Sponsorship
Hypeprofit will be hosting four seasonal tournaments to the hype decentralized server, over four different continents each year (chosen by the Hypeprofit community). Designed to bring together competitive gamers and casino games enthusiasts around the world, the Hypeprofit powered tournaments will be streamed and broadcasted on popular and prominent platforms to millions of viewers around the world. The tournament qualifiers will be organized and played in the first two weeks of every new quarter.
Anyone can sponsor a tournament on Hypeprofit to earn passive returns. Each tournament creates with it a smart contract fund where any user can stake tokens and crypto (HYPE, HYPE GOLD, TRX, BTC) to farm HYPE GOLD token rewards, which can be claimed at any time. Stakeholders can even pool their collective funds to sponsor a Hypeprofit user, allowing access to liquidity, while winning profits are distributed at a predetermined ratio amongst sponsorship pool participants and the gamer.
HypeProfit Meets DeFi
The platform enables anyone to be a part of the DeFi wave and earn from sponsoring players, events, and tournaments. Users of the platform can sponsor their favorite casino player, by staking native HYPE & Hype Gold token, or (like TRX and BTC) in a pool with other platform users to farm more HYPE & Hype Gold token. Sponsoring extends far beyond the player on Hypeprofit though. Users can back specific tournaments and challenges with others to farm both HYPE and HYPE GOLD tokens.
To further collaborate with DeFi users and create greater access to HYPE & Hype Gold token tokens, HypeProfit has enabled automatic swaps on DeFi token swap platforms for stable coins such as TRX and BTC. By increasing interoperability and access to all of these digital currencies HypeProfit aims to grow its ecosystem, community, and increase synergy with DeFi token users and gamers alike.
Hypeprofit will create a bigger market for its token and increased interest by aligning with DeFi users and investors. HYPE & Hype Gold token can be used by anyone to:
- Sponsor players on the platform, which will secure investors a cut of the shared revenue pool when those sponsored players win an event or tournament.
- To sponsor the tournaments and events themselves to farm more HYPE & Hype Gold tokens.
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