Carbon Credit Technology, a blockchain-based climate tech project opening access to the regulated EU Emission Trading System (ETS), partners with leading UK esports group SideQuest Gamers Hub. Through the partnership, SideQuest purchases the necessary amount of CCT tokens needed to offset its entire carbon footprint for its UK operations in 2022.

Sixty-three percent of UK citizens believe businesses should take immediate action to counter climate change. Data from CDP indicates companies with outlined public renewable energy or greenhouse-gas reduction targets improve their competitive positioning and compliance. While many businesses and organizations support taking environmentally-conscious actions like investing in carbon credit markets, a mechanism helping ween the world of carbon, the largest carbon credit marketplace—the EU’s ETS—remains locked to all non-EU businesses and organizations.

The partnership with CC Technology enables SideQuest Gamers Hub, the UK’s largest esports community with more than 75,000 active members, to become carbon neutral by purchasing enough CCT tokens to cover its entire UK operations for a year. CCT is the first and only cryptocurrency backed by European Union Allowance (EUA), the most traded carbon credits in the world, providing access to the EU ETS. CC Technology helps non-EU businesses like SideQuest invest in carbon-reducing initiatives that contribute to the battle against climate change.

CC Technology leverages blockchain technology to promote an action-based solution to achieve the goal of net-zero carbon emissions by 2050 and recently joined the World Economic Forum’s Crypto Sustainability Coalition. The company purchases carbon credit certificates, which it then tokenizes into CCT tokens on the eco-friendly Algorand blockchain. Each CCT represents one kilogram of European carbon allowances. All tokens were minted at the genesis and will be distributed according to a predefined schedule, enabling retail consumers and small businesses, who have until now lacked access to the EU ETS market, the opportunity to take part.

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“We are beyond elated to work with the UK’s largest esports hub, empowering them to become carbon neutral,” says Zhi, Founder and CEO of CC Technology. “It is important for us at CC Technology to collaborate with businesses that genuinely care about the environment and understand the importance of achieving net-zero carbon emissions in the not-too-distant future.”

“We are really impressed with CC Technology’s project, and saw working with them as a great way to become carbon neutral,” says Zhaorong Chen, CEO of SideQuest Gamers Hub. “At SideQuest we aren’t just doing this for good publicity, we are passionate about taking care of the environment, and any initiative we can take to contribute to reducing carbon emissions is worth it.”

EQIFi, the leading regulated global DeFi services platform backed by EQIBank, partners with Kafu Games, a gaming hub hosting esports tournaments for the biggest titles on every gaming device. Through the partnership, players on Kafu Games can invest and stake the earnings from Kafu Games tournaments on EQIFi’s platform.

As a Middle East gaming platform hub, Kafu Games is building a home for gaming communities of all kinds and sizes in the region and beyond through the hosting of esports tournaments. The EQIFi and Kafu Games partnership also includes the creation of a loyalty program, further incentivizing the establishment of these communities offering opportunities to learn more about the crypto industry and EQIFi’s product suite. The collaboration enables players to use EQIFi’s native $EQX on the Kafu Games platform, allowing them to transfer their esports earnings into tokens.

EQIFi and Kafu Games will work together to build data-driven solutions through which to integrate EQIFi’s suite of DeFi products and services into the gaming platform. In the long run, this will ensure new use cases for Kafu Games users to invest their tournament earnings, taking esports and play-to-earn to another level.

“The entire EQIFi team is thrilled to be working with Kafu Games,” says Brad Yasar, CEO of EQIFi. “EQIFi is an industry leader in DeFi as the first DeFi platform powered by a licensed and regulated bank and Kafu Games is leading the charge in the MENA region when it comes to online gaming and esports. The Kafu Games and EQIFi partnership will continue to push the worlds of DeFi & Gaming more closely together to take gaming to the next level.

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“The ever-expanding capabilities of blockchain offer so much potential to gamers,” says Rami Elkhalil, CEO of Kafu Games. “Our Partnership with EQIFi brings the capabilities of staking and NFT technology to our gamers. Having hosted more than 3 million sessions on the Kafu Games platform last year, we’re excited to see our growing user base reap the benefits of blockchain technology.”

EQIFi is powered by EQIBank. Launched in 2015, EQIBank is one of the world’s leading digital banks and offers tax-neutral personal and corporate banking services in multiple currencies to clients in over 180 countries. EQIBank offers competitive rates, 24/7 service, trusted security, and an innovative, simple online global banking experience across all devices. EQIBank provides bank accounts, loans, custody, debit and credit cards, OTC, and wealth management to EQIFi and all its qualified clients.

For more information, visit www.EQIFi.com and www.kafugames.com

Global esports platform Challengermode has today announced the launch of its first-of-its-kind mobile app for the esports space. The app will connect billions of gamers worldwide across PC, console and mobile with the grassroots esports scene through over 80 titles on the platform, and give game developers the chance to put their games – quite literally – in the hands of more players.

The app is an extension of the Challengermode platform which puts all Challengermode tournaments, ladders and events at gamer’s fingertips, where they can browse, sign-up for and check-in to competitions. It also provides gamers the opportunity to chat with friends or teammates while on the go, and get instant notifications from their friends, competitions or Challengermode Spaces – creating a truly seamless experience for competitive gamers of any skill level.

The app augments Challengermode’s capacity as a centralized infrastructure for all stakeholders in the esports industry, allowing brands, organizers and game developers to become a part of gamers’ everyday life in an authentic way. Unlike other apps in the esports space, the Challengermode App bridges the gap between the 3.1 billion gamers worldwide and the rapidly growing grassroots esports scene – allowing anyone to compete for real prizes on a global stage.

Robel Efrem, co-founder and CEO of Challengermode said: “The launch of the Challengermode mobile app is a big leap forward on our mission of making esports truly accessible to everyone, everywhere by allowing gamers to interact with their esports activities anywhere at any time. Unlike most “esports apps” in the space, the Challengermode app offers a truly seamless competitive experience for competitive gaming across mobile, console and PC – and is a vital component in the esports’ industry’s future, linking the world’s 3.1 billion gamers to the rapidly growing grassroots esports movement. The app also creates a new way for game developers to bring their games to a global audience quickly and easily, thanks to Challengermode’s esports tech and game developer API.”

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Available on App Store for iOS,  Google Play Store for Android, and Windows, players can compete for real prizes across over 80+ titles including Counter-Strike: Global Offensive, League of Legends, VALORANT and PUBG: BATTLEGROUNDS – giving them a chance to experience esports in a professional setting, and level up their skills.