5TARS.io Moves to Concordium Layer 1 Blockchain

2025年03月17日

This move aims to harness Concordium’s scalable infrastructure. This will provide the platform with enhanced features like age verification and geo-fencing. These features are key for expanding globally.

The migration will allow 5TARS to host a wide range of games. This includes its flagship 5TARS Football Game, and future releases, under the security, privacy, and performance benefits offered by Concordium.

5TARS.io CEO Emphasizes Growth with Concordium Migration

“Moving to Concordium gives us a permanent home for launching innovative games that will engage and excite our growing community of players,” said Borja Burguillos, CEO and Founder of 5TARS.io. The platform, known for its sports fantasy games enriched by NFT-based collectibles, allows fans to earn rewards, trade digital assets, and interact with sports they love.

The migration will bring more than just technical upgrades. 5TARS.io’s existing games, including football match predictions, AI-driven picks, and collectible football cards, will benefit from improved scalability. Players will also be able to enjoy smoother experiences, opening the door to a wider global audience. 5TARS.io is also preparing to launch new games, such as a cricket game for India and the popular Starzplay MENA cricket game, which debuted last month.

5TARS.io Grows with Concordium Migration

With over 250,000 registered users and 20,000 monthly active users in its football game alone, 5TARS.io is no small player in the Web3 sports space. Players have joined more than 1.7 million arenas and traded 45,000 NFTs. During Euro 2024, the platform saw peak activity, attracting 45,000 active players. This momentum is expected to grow as the platform migrates to Concordium, whose scalable infrastructure and privacy-focused solutions are designed to meet the demands of modern decentralized gaming.

“We’re excited to support 5TARS.io as they take the next step in their journey, unlocking new opportunities for player ownership and fan engagement,” said Mike Milner, Chief Commercial Officer of Concordium. With Concordium’s high-performance capabilities and regulatory-friendly approach, 5TARS.io plans to overcome key challenges like scalability and compliance, enabling a smooth ride into the future of Web3 gaming.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Coinbase Launches Natural Gas and Cardano Futures

2025年03月17日

The exchange announced it has filed with the Commodity Futures Trading Commission (CFTC) to self-certify these new products.

This move is expected to shake up both the energy and crypto derivatives markets. Is this going to boost the price of Cardano?

Coinbase Expands with Cardano and Natural Gas Futures

According to Coinbase, these new offerings will be live starting Monday, March 31, bringing even more opportunities for traders. This expansion represents a major milestone for Coinbase, which has long been a leader in cryptocurrency services. By adding Cardano futures, the exchange taps into a popular cryptocurrency that has seen substantial growth over the past few years.

With this new addition, Coinbase aims to provide more ways for traders to get exposure to $ADA without actually holding the token. It’s like a two-for-one deal: they get the chance to trade on Cardano’s price movements while benefiting from the liquidity and convenience of futures contracts.

But the news isn’t all about crypto. Coinbase is also entering the energy derivatives market by offering Natural Gas futures. The energy market is massive, and by adding NGS futures, Coinbase is setting its sights on a sector that can be just as volatile as cryptocurrency. Traders looking to bet on natural gas price fluctuations now have a new venue to do so, without stepping too far out of their comfort zone.

More About Crypto Futures

Today, CME Group, the world’s largest futures exchange, is launching Solana futures, offering traders a new way to gain exposure to Solana’s price movements. As one of the leading players in the financial markets, CME’s decision to list Solana futures marks a significant milestone for the crypto market, making it more accessible to institutional investors and traders seeking to diversify their portfolios.

With the growing popularity of Solana and its strong presence in the blockchain space, this new product will provide market participants with more tools to hedge, speculate, and trade on the price volatility of one of the most promising cryptocurrencies.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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