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Bitcoin with a scavenger hunt for prizes
Saturday December 28,2013 : POKER PRO WANTS TO COMBINE VIRTUAL CURRENCY WITH SCAVENGER HUNTING
Mauro Velasquez has a unique idea and the cash to translate it into a profitable online enterprise.
US professional poker player Mauro Velasquez, who has amassed career earnings in excess of a quarter million dollars, is also an entrepreneur with a unique idea of combining the virtual currency Bitcoin with a scavenger hunt for prizes concept.
And like all good entrepreneurs, he's prepared to put his money on the line to translate his ambitions into a profitable online enterprise that he has branded Coinding, according to a Coindesk report.
In the game, players hunt for and collect Bitcoins by successfully completing challenges in diverse locations hidden away by the designers of the Coinding website. The game effectively uses mobile phone technology to aid players to find Bitcoins across an international spread of Bitcoin-using nations depicted on a Coinmap.
In true social gaming style, Coinding will hand out fractions of Bitcoins to help players get a foothold in the volatile Bitcoin economic phenomenon without having to buy into the currency and put their traditional cash at risk.
The promotional opportunities for Bitcoin-oriented companies are considerable, Velasquez says.
Coinding employs eight people at present, and Velasquez is aiming for a Q1-2014 launch on both Android and iOS mobile platforms.
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Wanajump Launches -
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The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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