PR: COO of Joins a Top-Rated Smart Contract Based iGaming Project

COO of Joins iGaming Project

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. does not endorse nor support this product/service. is not responsible for or liable for any content, accuracy or quality within the press release.

Truegame is about to reintroduce innovative new iGaming concepts the likes of which have never been seen before, with a unique smart contract-enabled platform. To fully develop this innovative twist to iGaming, Truegame has launched its ICO with a pre-sale that began on March 5th, 2018, prior to the general event on April 16th, 2018.

The project has a strong team of professionals on board as well as some top industrial experts from blockchain to iGaming. Recently Truegame announced about a new exciting cooperation – they welcomed on board a new blockchain advisor – Mate Tokay, the COO of

As the Chief Operating Officer at, Mate Tokay is without question one of Bitcoin’s & Bitcoin Cash most active and vocal proponents. His goal and passion is to make cryptocurrencies as popular as possible. In 2012, he graduated from the International Business School in Budapest but it’s only in late 2012 that Mate first heard about Bitcoin and in mid-2013 that he began bitcoin mining using custom-built ASIC miners. Later, Mate founded the highly renowned Bitcoin news and review website “Bitcoinist however he has been working on building since 2015”.

Mate Tokay: “I am really excited about Truegame because their main goal is to improve transparency in the gambling industry. With their new blockchain tech, you can be sure that there is no cheating or manipulation whatsoever…”

About Truegame

TrueGame is a blockchain and smart contract based iGaming platform that sets the issue of transparency straight; blockchain technology allows for a trustworthy open registry that displays every outcome of every game which cannot be manipulated. The combinations generated from the blockchain cannot be manipulated and are completely random boiling the winning conditions down to luck and mathematical probability; to further a commitment to absolute trust, the blockchain network is responsible for distributing the winnings within the rules of the game providing players and potential players with winnings via their innovative use of smart contract technology.

Truegame Token Sale:

Soft cap raised in just 5 days
Truegame is #1 – the most evaluated project among experts (current rating is 4.8/5)
The project is evaluated by more than 58 experts
The community on Telegram has exceeded 9000 members
Small hard cap – 9 million USD

Truegame’s ideas are very close to Mate’s philosophy and ideology. Even though there are lots of games presented on platform (, Mate evaluated Truegame as a very promising gaming platform. Along with his advisory on the project, Mate will be helping Truegame with PR and promotion in big scale media.

The new era of iGaming is already here!

For more Information, visit the Truegame website at:
Connect on Telegram:
Game Platform:

Contact Email Address
Supporting Link

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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US District Court And FTC Move Against Cryptocurrency Schemes

The Federal Trade Commission announced today that four individuals have had their assets frozen by a US Federal District Court for allegedly promoting cryptocurrency schemes promising large returns for small cryptocurrency payments.

The federal court of Florida’s southern district has upheld a Federal Trade Commission (FTC) request for a temporary restraining order against four individuals allegedly running cryptocurrency schemes.

Thomas Dluca, Louis Gatto, Eric Pinkston, and Scott Chandler are associated in various capacities with a chain referral scheme known as “Bitcoin Funding Team.” 

The defendants are charged with using various combinations of social media platforms and conference calls to mislead investors with promises of significant returns for relatively small cryptocurrency payments, namely in bitcoin or Litecoin.

According to an FTC press release today, claims made by the defendants included stating that Bitcoin Funding Team could turn the equivalent of “just over $100 into $80,000 in monthly income.” 

Dluca, Gatto, and Pinkston are also associated with a scheme called My7Network, while Chandler is additionally accused of promoting a deceptive cryptocurrency scheme called Jetcoin. 

The FTC alleges that the schemes were structured to ensure that the majority of participant investors would fail to recoup the investments they initially made. “This case shows that scammers always find new ways to market old schemes, which is why the FTC will remain vigilant regardless of the platform – or currency used,” said the FTC’s Bureau of Consumer Protection acting director, Tom Pahl. “The schemes the defendants promoted were designed to enrich those at the top at the expense of everyone else.” 

According to official court documentation the defendants have “individually or in concert” been promoting their schemes at least since February 2017. A trial is currently pending.

This action is the latest, but not the first, by a US district court against cryptocurrency schemes.   

Jordan Daniell is a full-time staff writer for ETHNews with a passionate interest in techno-social developments and cultural evolution. Jordan enjoys the outdoors, especially astronomy, and likes to play the bag pipes and explore southern California on foot in his spare time. Jordan lives in Los Angeles and holds value in Ether.

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Chimaera : A True Blockchain Gaming Platform – Decentralized Autonomous Universes

As new projects enter the crypto sphere every day, history and background behind these initiatives are becoming increasingly scarce. With more and more new individuals looking to enter the ecosystem and capitalize on massive profits, the presence of true industry veterans in these projects is incredibly rare. However, there does exist valuable projects, hidden among the others, that come to the table with the support of a rich history and years of development.

The History of Chimaera

Chimaera represents a custom-blockchain ecosystem for a fully immersive gaming interface for gamers and developers. With Chimaera, online games can be built, published, and played directly on the blockchain-a-blockchain-based gaming system unrivaled by any current efforts.

Chimaera presents one such project with roots that could be considered ancient in the realm of cryptocurrency. The underlying technology, game channels, was coined and began development in 2015. Beyond this, the foundations for Chimaera date back to early 2013, with the documentation and initial developments of the first proof-of-concept.


 Blockchain-based gaming was first introduced as a concept through ChronoKings, a blockchain-based MMO (massively-multiplayer online) forked from the Namecoin codebase. The game was announced on the Bitcointalk forums by the now-CEO of Chimaera, Andrew Colosimo, as a sandbox player-versus-player (PVP) real-time strategy (RTS) that would be broadcast and progressed directly upon the forked blockchain.

ChronoKings first established a concept later coined “human mining.”  Human mining is a game genre where cryptocurrencies are minted and distributed based on performance in the virtual game built on the network. The idea behind the gameplay is that players will fight to maintain control of “harvest areas” where coin rewards can be collected.


 While ChronoKings represented a groundbreaking concept, the team behind it maintain broader visions. The ideology behind ChronoKings applied to a new project, The Huntercoin Experiment, which would encapsulate the fundamentals of its predecessor while expanding on the game itself and the technology behind it.

Huntercoin launched in early 2014 and received a great reception. Beyond the fundamentals proposed by Chronokings, players could fight against one another- potentially destroying opposing avatars and stealing their collected coins. Taxes from death and deposits would be paid to the miners, and players needed to pay a sum of Huntercoin to create new characters.

While activity began to dwindle after the initial launch, without issue. Huntercoin remains the longest standing human mining online game and the grandfather of the genre. The game termed an MMOCG (massively-multiplayer online cryptocurrency game) is the only of its kind. Although Huntercoin is now around 5 years old, it is still the most complex blockchain game on the market.

Game Channels

 While Huntercoin was revolutionary and a resounding success, there were many limitations to the game itself and the potential for expansion. The minute-long block times were incompatible with a majority of online games, and there was no real framework to implement more games onto the network.

In 2015, Dr. Daniel Kraft, a top developer for Namecoin and Huntercoin, as well as a major contributor to the Bitcoin codebase, shared a concept called “game channels,” a gamified adaption of Lightning Network-esque payment channels. Game channels would potentially allow for instantaneous online gaming directly upon the blockchain. In 2016, this technology was further explained in a peer-reviewed article published in Ledger Journal.

Enter Chimaera

With the invention of game channels, development also began on developing a third, final project, Chimaera. Like its predecessors, Chimaera is a Namecoin fork dedicated to blockchain-based gaming. However, unlike its predecessors, whose blockchains were used as the environment for a single game, Chimaera provides an ecosystem for all games.

With Kraft’s game channels, millions of players worldwide can simultaneously connect and interact with games on the network. Developers can publish and upkeep games directly on the network at no cost to them. Games of practically any genre can be hosted and interacted with on the Chimaera blockchain.

From then, to now, Chimaera has been actively developed, and the coming months present the launch of this evolutionary platform. After five years in the making, the first, fully immersive, blockchain-based interface will be available for individuals worldwide to interact with.They will be able to trustlessly wager against one another, exchange virtual items, currencies, and characters from any game, and potentially transfer items between games themselves.

Unlike most upcoming ICOs, Chimaera’s presents a unique opportunity to claim a stake in a groundbreaking platform that’s already dangerously close to fruition. While a majority of projects still require major developments to be marketed, Chimaera will be able to enter the market ready for mass adoption.

Chimaera is gearing up for their public pre-sale, which is slated to begin March 23, 2018. To learn more about the platform and participate in its upcoming pre-sale, please visit their website. Be sure to check out their referral program, which rewards participants with a five percent bonus upon successful completion, as well as their airdrop campaign. You can also follow the Chimaera team on Twitter, LinkedIn, Reddit, Medium, and Telegram.

Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members. NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.

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