Achieves remarkable 220% growth in 1H 2023, driven by successful 3-in-1 services strategy and strong international expertise HONG KONG SAR – Media OutReach – 23 August 2023 – Lioner International Group Ltd. (Lioner), a financial services pioneer, announced today the opening of its new Beijing office, enhancing its family office advisory offering in China as well as enabling greater synergy across the region through its offices in […]
PETERBOROUGH, HAMPTON VALE … the decentralized financial ecosystem. Dubai‘s Festival … regulatory authority in the crypto sphere adds credibility to … expensive tourist destinations like Dubai. With the ability to …
SLG Sets the course for success
SINGAPORE, SINGAPORE, SINGAPORE, August 25, 2023/EINPresswire.com/ — The current blockchain gaming market
Since the second half of 2021, the GameFi market has experienced a surge in popularity and demonstrated remarkable growth. This growth has been fueled by the convergence of gaming, blockchain, and decentralized finance. The integration of play-and-earn games, blockchain gaming platforms, DeFi mechanisms, and NFTs has created a dynamic ecosystem that promotes innovation, financial opportunities, and player engagement within the gaming industry.
However, as we entered the second half of 2022 and 2023, similar to other areas of the crypto markets, the hype surrounding existing GameFi projects seems to have dissipated. Certain segments of the market appear to be quite dormant, with fewer new games launching and fewer innovations. Data shows that daily and monthly active users for certain popular GameFi projects have dropped to relative low points, and NFT prices have also plummeted.
On the other hand, there is a steady and growing interest in fully onchain (FOC) games. One of the largest FOC gaming ecosystems, Starknet, has recently released its newest update, attracting significant volume and attention. Paradigm.xyz has just released an article entitled “The Open Problem of Onchain Games,” which has invoked thoughts and debates. Additionally, FOC gaming communities are quite active, as FOC game builders at the Loot Realm/Dojo conference have reached a consensus on centering their games around the Loot ecosystem. In contrast to the relatively stagnant traditional GameFi space, there is excitement trending in the FOC gaming space.
Shattered Legion’s approach
Under the current market situation, Shattered Legion has tailored its marketing and operational approach to better prepare for any market turbulence.
1. The company is actively seeking partnerships and collaborations with existing renowned projects. Shattered Legion believes that these kinds of mutually beneficial collaborations are essential for spreading its name and attracting interested users. The company has recently reached agreements with Mhaya, Taskon, and Dapdap, sharing knowledge and resources about the market.
2. Shattered Legion recognizes the importance of community building in the success of a blockchain game. After introducing the Ambassador Program a few days ago, the company has received many recognitions and applications. They are proud to onboard C.Pang as their Korean region Ambassador.
3. In keeping up with the market trend of FOC games, Shattered Legion is starting a framework design that allows the relocation of not only in-game assets but also gaming states and essential logics to the desired blockchain. This progress will take some time, and the extent of change will eventually be decided via community governance procedures at https://forum.slg.games/.
The Future of Blockchain Gaming
Despite the recent slump in the crypto game market, it is still expected to witness substantial growth in the coming years. With the increasing popularity of blockchain technology, NFTs, and decentralized finance (DeFi), game developers are exploring new ways to merge gaming and finance. There are already signs of high-quality games testing the market, and Shattered Legion is certainly one of them.
Blockchain games provide game enthusiasts with opportunities to earn real value and rewards through in-game economies and tokenized assets. Furthermore, they have the potential to revolutionize the gaming industry by providing gamers with ownership and monetization options, as well as user-generated content and interactive experiences. As more blockchain-based gaming projects and platforms emerge, the technology will become more mature, and the market is likely to become a significant segment in the broader blockchain and crypto ecosystem.
Vivian Wang
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By K Raveendran SEBI has filed another wishy-washy report on its investigations into alleged stock manipulations by the Adani group in the wake of the sensational Hindenburg report, which accused the group of gross violations and malpractices. An interim report submitted by the market regulator to the Supreme Court, which had sought detailed investigation of […]
The post SEBI Continues To Drag Its Feet On Investigations Into Adani Manipulations first appeared on Latest India news, analysis and reports on IPA Newspack.
By Dr. Gyan Pathak India may be heading towards a much intensified, aggressive, and confrontational workers and farmers movement in the country. On Quit India anniversary on August 9, the country witnessed a massive mobilization of workers and farmers, and only a fortnight later on August 24, their joint convention has called for a determined […]
The post Workers And Farmers Decide To Intensify Their Joint Struggle first appeared on Latest India news, analysis and reports on IPA Newspack.
Lawsuit Served by Founders Legal on Behalf of Jenka Lab against One-Stop Game Solution for Alleged Counterfeiting
DULUTH, GEORGIA, USA, August 25, 2023/EINPresswire.com/ — Attorneys Kennington Groff, Zachary Eyster, and Melanie Lane of Founders Legal (Bekiares Eliezer LLP) filed a legal action on behalf of Jenka Lab, LLC against One-Stop Game Solution, LLC dba GGC Industries. The lawsuit was served on Tuesday, August 22, 2023, at the Southern Amusement & Entertainment Expo.
The complaint centers on alleged anti-counterfeiting actions related to Jenka Lab’s popular amusement machines, including gaming systems such as Aurora, Northern Light, Favorite Skill, and others. One-Stop Game Solution is accused of selling unauthorized, poor-quality counterfeit versions of these games, leading to significant financial and reputational damage to Jenka Lab.
Jenka Lab is fighting to hold One-Stop Game Solution accountable for their actions, demanding the cessation of the illicit games’ distribution and sale, and compensation for damages. Based on the information available and the belief in its accuracy, One-Stop Game Solution is operating under the name GGC Industries to gain access to the Southern Amusement & Entertainment Expo. However, the expo organizers shut down the booth before the event started, preventing GGC Industries from exhibiting at all.
“Our client’s intellectual property, encompassing everything from trademarks to copyrights and trade secrets, is the lifeblood of their innovation. We’re committed to ensuring that these vital assets are protected and that those who infringe upon them are held accountable,” stated attorney Melanie Lane.
Jenka Lab, the owner of exclusive rights to the software and multiple federal copyright registrations for the gaming codes and graphics used in these games, has registered its word and design marks with the United States Patent and Trademark Office. The lawsuit alleges trademark infringement, false designation of origin, unfair competition, trademark counterfeiting, copyright infringement, and misappropriation of trade secrets.
This lawsuit follows a previous legal action earlier this year against Crazy Software for similar allegations of intellectual property infringement. The current lawsuit against One-Stop Game Solution continues this vital work, reflecting Jenka Lab’s ongoing efforts to protect its innovative gaming products from unauthorized imitation and counterfeiting showing relentless commitment to defending its intellectual property rights.
“Protecting intellectual property is not just about defending a brand or a product; it’s about preserving the integrity of creativity and innovation,” declared Intellectual Property Attorney, Kennington Groff. “Enforcing these rights might seem like an unending challenge, but with a thoughtful litigation strategy, we can fortify Jenka Lab’s rights and suppress ongoing infringement.”
The lawsuit emphasizes the critical importance of protecting intellectual property rights in today’s competitive global market, highlighting the negative impact of the Defendant’s actions on Jenka Lab’s profits and the broader gaming industry.
“The importance of enforcing intellectual property rights cannot be overstated; it’s what fuels innovation and progress,” explained Yuri Eliezer, Managing Partner and Intellectual Property Attorney. “Without these safeguards, the creative spirit could be stifled. We are fully prepared to tackle any obstacles to protect our clients’ rights and support their continued growth.”
Case No. 2:23-cv-00159-RWS – Filed in the Northern District of Georgia Gainesville Division.
About Jenka Lab®
Jenka Lab specializes in providing cost-effective coin-operated amusement machines to the Georgia Lottery Coin Operated Amusement Machine market. Their product range includes board, nudge, skill, redemption, and amusement games. Each suite of Jenka Lab games comprises five different games, some of which are now in their sixth generation. Jenka Lab is committed to delivering high-earning products and excellent customer service, which are the pillars of their business. For more information, visit: www.jenkalab.com
About Southern Amusement & Entertainment Expo
The Southern Amusement and Entertainment Expo (SAEE) is the leading coin-op trade show in the Southeastern United States, bringing together professionals and enthusiasts from across the region.
About Founders Legal®
Founders Legal (Bekiares Eliezer LLP) is a boutique law firm that focuses on complex matters in the areas of Intellectual Property, Corporate, Transactional, Securities, Entertainment, and Data Privacy Law. Serving clients nationwide, Founders Legal is composed of highly knowledgeable and professional attorneys who are diverse in disciplines and specialized in their unique areas of practice. With a commitment to innovation, responsiveness, and a client-centered approach, Founders Legal has become a trusted partner for businesses seeking experienced legal guidance. For more information, visit www.founderslegal.com or call +1 (404) 537-3686.
Jaime Chandra
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Exploring New Developments in Web3 and Creating a New Future for Digital Entertainment HONG KONG SAR – Media OutReach – 25 August 2023 – The Digital Entertainment Leadership Forum (DELF) 2023, an annual event organised by Cyberport, officially commenced today at Cyberport. The ceremony was officiated by esteemed guests including ZHANG Zhi-hua, Director General of the Youth Department of the Liaison Office of the Central People’s Government […]
By Annie Domini Since its inception in 2009 as BRIC, the Brazil-Russia-India-China coalition which went on to include South Africa in 2010 to become BRICS, has been about inclusion and assertion of the Global South in international affairs. This Asia-Africa-Latin America spanning bloc has transformed from a fair economics-driven entity to now a veritable giant […]
The post Birth Of A New Multipolar World Order With The Emergence Of BRICS 11 first appeared on Latest India news, analysis and reports on IPA Newspack.
(The first licensed corporation granted by the SFC the provision of the full spectrum of virtual asset dealing, advisory, and asset management services) HONG KONG SAR – Media OutReach – 25 August 2023 – Victory Securities Company Limited (“Victory Securities,” stock code: 8540.HK) is pleased to announce the launch of its new APP (“VICSEC”)*, the first compliant virtual asset trading application in the Hong Kong financial market. […]
Net profit increased by 10% YoY, Proposed an interim dividend of HK1.5 cents per share Highlights: Revenue generated from environmental operations increased by 132.1% to approximately HK$114.8 million. Gross profit increased by 10.8% to approximately HK$150.5 million. Net profit increased by 10.3% to approximately HK$46.0 million. Basic earnings per share was HK9.1 cents. The Board recommended the payment of interim dividend of HK1.5 cents per share. Financial […]
Matein Khalid I expected a bond market bloodbath ever since the yield on the 10 year US Treasury note rose above 3.50%. Why? One, the neutral rate of interest, called R* in the vocabulary of the Federal Reserve monetary economists and the bond trading desk of Wall Street. This is the rate of interest where the economy is in neither growth or recession mode and R* neither […]
MACAU – EQS Newswire – 24 August 2023 – Macau Pass S.A. (“Macau Pass”), together with Alipay+, will expand the coverage of the cross-border payment business of mPay to more than 40 countries overseas in the third or fourth quarter this year. These include the United Arab Emirates, the United Kingdom, Switzerland, the European Economic Area countries (such as France, Germany and Italy), Australia, New Zealand, Qatar, […]
By K Raveendran The reported move by the Narendra Modi government to create a new post of Chief Investigation Officer of India (CIO) on the lines of Chief of Defence Staff (CDO) and the National Security Advisor (NSA) is a blatant attempt to circumvent the Supreme Court as a collateral target and institutionalise the use […]
The post Move To Bring CBI, ED Under One Supervision In PMO A Blatant Bid For Abuse Of Power first appeared on Latest India news, analysis and reports on IPA Newspack.
By Dr. Gyan Pathak Prime Minister Narendra Modi has meticulously built a narrative against corruption in India to project political parties in opposition and their leaders corrupt and to make himself appear free of blemishes. However, his narrative is only half of the truth, since all the opposition leaders are not corrupt on the one […]
The post Labelling Opposition Corrupt Can’t Clean PM Narendra Modi And BJP first appeared on Latest India news, analysis and reports on IPA Newspack.
Prudential poll shows that Gen Zs and Millennials define financial success as more than just affluence, with 76 per cent aiming for financial freedom, and 65 per cent seeking work-life balance SINGAPORE – Media OutReach – 23 August 2023 – Young people today have a more holistic view of financial success compared to yesteryears when the traditional “5Cs”[1] were symbolic of having made it in life. More […]
SINGAPORE – Media OutReach – 23 August 2023 – Etiqa Insurance Singapore, a leading insurance provider, today unveiled its latest brand campaign, ‘With You for the Ride’, which aims to ignite the spirit of adventure among Singaporeans, inviting them to explore life’s diverse possibilities and embrace the excitement of unexpected journeys. “We believe that life is meant to be lived with enthusiasm and a spirit of adventure,” […]
