SINGAPORE, Mar 15, 2022 - (ACN Newswire) - Moonstake today announces the formation of the Moonstake Gaming Guild (MSGG) as the staking provider makes its full-scale entry into the GameFi market.
GameFi is a term combining the words "Game" and "Finance", referring to games where you can earn from playing. Specifically, in-game currency, tokens, characters, and items backed by blockchain technology can be bought and sold by players on crypto asset exchanges and marketplaces. GameFi is a market that has been growing rapidly, led by the "Axie Infinity" GameFi project which has been especially popular in Southeast Asia since 2021. The GameFi domain is expected to exceed $68 billion* and is attracting widespread attention even outside of the crypto asset industry.

GameFi is creating new businesses with its innovative model and Moonstake will help create new jobs by establishing and operating gaming guilds. We will provide gaming know-how and lend strong characters and weapons through the global connections promoted by Moonstake. Moonstake hopes to address one of the major goals of the SDGs, "End Poverty," via the creation of new jobs.

*What is a Gaming Guild?

Gaming Guild is a community for matching investors and practitioners. Investors can purchase NFTs and loan them to practitioners aka game players who use the NFT to play. Investors and practitioners will share the revenue generated by playing. The guild operator matches game players with investors and provides them with the necessary NFT assets, tools, and know-how to share a portion of the revenue earned in the game.

Why are guilds attracting attention?

Token holders, who currently hold crypto assets as investors, provide assets to the guild for players to purchase NFTs for use in their games. The guild then uses those NFTs to allow players to participate in the game. Players, many of whom have never been exposed to crypto assets, are currently generating revenue as the community of GameFi players expands in the Philippines and other Southeast Asian countries. In this way, the creation of a new revenue model through GameFi has already been creating numerous new jobs and helping to build players' economic power.

MSGG is currently recruiting game users through the scholarship program of JobTribes, a Play to Earn game that is being developed by Singapore-based GameFi platform DEA.

Moonstake plans to use JobTribes as a foothold to connect to a variety of GameFi projects and will work to create new employment opportunities primarily in Southeast Asia.

Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.5 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since last March, Moonstake has also entered DeFi with its newly launched DeFi platform, Muse.Finance, which has released a core DeFi product that will be integrated into Moonstake to offer users worldwide Advanced DeFi connectivity.

Mitsuru Tezuka, Founder of Moonstake, says: "We are very pleased to be able to explore new areas of business for Moonstake via the MoonstakeGamingGuild. With so many people still looking for work around the world, GameFi, a new and exciting industry which creates jobs for many people, has always been one of the things I wanted to challenge myself with. I have been fortunate to have a great opportunity to create and operate guilds at JobTribes, and I hope to use this opportunity to discover the various possibilities of GameFi that can synergize with Moonstake to bring even more value to users worldwide."

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

Since its launch in April 2020, Moonstake has partnered with 28 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools.

About Moonstake's staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 16 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year. https://www.moonstake.io/

Citation*. https://bit.ly/3tboifb

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comMoonstake today announces the formation of the Moonstake Gaming Guild (MSGG) as the staking provider makes its full-scale entry into the GameFi market.

London, UK, Mar 15, 2022 - (ACN Newswire) - la2.finance (lala DeFi), a blockchain-based decentralized finance (DeFi) project, has officially launched its DeFi staking protocol, adding farming, staking, and liquidity providing functions in the near future for users thus allowing them to earn lucrative APY against their holdings. With the launch of the staking protocol, lala DeFi allows users of all levels of experience, whether a beginner or a veteran user, to get an advantage out of their cryptocurrencies while staking, all without the hassle of trading themselves.

The lala DeFi Staking Protocol shares some basic concepts as Certified Deposit (CD), investors save their crypto-assets on the platform for a certain length of time, in exchange for high-yielding defined returns. This is a less volatile alternative for the average investors to approach cryptocurrency and makes it another income stream, just like how they do with conventional CDs (certified deposits).

What makes la2 Staking stand out is that it offers approximately 25-50% APY or even more, which conventional investments will find hard to match.

lala Pools

lala offers a variety of staking pools, with varying APY. It offers a staking protocol where users can stake into a particular pool of choice, which differs by the staking length and APYs. There are 4 main categories to choose from i.e. Child's Play, Safe Zone, Great Shark, and Giant Whale, each with varying risk and return margins.

With the Child's play investment option, users will be placing their tokens in a 1-year staking duration with an average yield of 25% APY. An option that's best catered towards new crypto users, to "test the waters".

While child's play offers a 1-year staking duration, the safe zone offers a 2-year staking duration with an average of 30% APY. The safe zone option targets investors who are used to traditional long-term investing, CDs, bonds, and equities.

Crypto Shark offers a 3-year staking duration with an average of 35% APY. This would be better suited for most veterans crypto users who are more used to the concept of hodling and are comfortable with not selling their cryptos regardless of market conditions.

The last category offers 4 years staking option with a massive average of 50% APY. This investment option is best suited for long-term investors who have no intention of selling their assets within the staked length. This will allow these investors to reap massive returns based on their hodling power.

Offering Stable Growth

The la2 Finance platform adopts an Early End Stake penalty for the stakers who end their staking contract prematurely. This discourages stakers from early termination. Additionally, by staking with la2.finance via lala Pools you will also be able to extract value of up to 50% APY and above all from your stakes without the risk of stagnant growth of the stablecoins and risk trading at a possible massive loss.

About la2.Finance

lala is a decentralized finance platform that allows beginner or veteran investors to gain lucrative APY without the hassle of investing or trading by themselves. The team behind la2 consists of technical experts who previously worked for large Internet enterprises with rich experience in blockchain development, senior research analysts who are deeply engaged in multiple blockchain projects, and have an in-depth understanding of the DeFi ecosystem, HODLers, and early investors of BTC and ETH. To learn more about la2.Finance, please visit: https://www.la2.finance. For the latest news and updates regarding lala DeFi, check out our lala Twitter at https://twitter.com/la2_finance. Additionally, you may also join our lala community over at https://t.me/la2finance.

Media Contact
Company: La Finance LTD
Contact: James Lobo
Email: [email protected]
Website: https://www.la2.finance/

SOURCE: La Finance LTD

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

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