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Gamified Trading: MUFEX Game Bot Revolutionizes Traditional Crypto Trading Paradigms

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Targeting this particular gap in the market, decentralized exchange MUFEX has developed a Telegram Bot — the MUFEX Game Bot — specifically for the massive Web2 user base on Telegram.

MUFEX Game Bot is an innovative SHIB contract trading game on Telegram. It ingeniously combines the strategic nature of contract trading with the fun of gaming, offering users a gamified trading experience with as low as 1U and a default leverage of 100x. Most importantly, the platform airdrops a position of 100,000 USD to each user. This gives relative newcomers a low (or even zero) cost to experience the allure of crypto perpetual contracts, all from the familiar interface of Telegram.

The MUFEX Game Bot pioneers a gamified trading approach, being the first to do so in the space of Telegram Trading Bots. Users simply need to add the Bot as a friend on their Telegram, and they can generate a wallet address following the given prompts. This user experience abstracts away the technical details that the average Web2 user would not be familiar with. This replicates and draws upon the user-friendliness of CEXs while simultaneously upholding the security inherent to wallets.

MUFEX Game Bot Gameplay Introduction

The game scenario of MUFEX Game Bot is set as an intense chase between Miner and Dinosaur. The core goal of the game is for players to help Miner speed up by opening and closing positions in the game, ultimately helping Miner reach the treasure chest before being caught by Dinosaur and the user gets to generate significant income along the way.

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The game has two possible outcomes: one is that Miner successfully reaches the treasure chest, and the other is that he is caught by Dinosaur. Miner, who successfully reaches the treasure chest, will receive a treasure chest reward. The number of treasure chests depends on the minimum number of game coupons consumed in multiple open and close rounds. The treasure chest is divided into ordinary treasure chests and golden treasure chests, which may contain rich prizes such as game coupons, USDT, NFT fragments, team jackpot prizes, and platform jackpot prizes.

A key feature of the game is that the contract income obtained by players in the game can be freely withdrawn, providing players with real profit opportunities.

MUFEX Game Bot airdrops game coupons worth 1000U to each user, each game coupon is worth 1U, and the total airdrop position is 100,000 USD. Users can unlock 2 game coupons by logging in every day, and users who log in for the first time will receive an additional 10 game coupons, equivalent to a trading position of 1000 USDT, ensuring that all users can participate without obstacles.

There are currently three ways for players to make money:

  1. Open multiple accounts at zero cost to get game coupons, and then randomly open positions to gamble for a high profit-loss ratio. When the position reaches a certain scale, the win rate will approach 50%, and the high profit-loss ratio will come into play to achieve profitability;
  2. Players can obtain a large number of game coupons by inviting many friends to join the game. These game coupons can not only be used in the game to increase Miner’s speed, improve the chance of getting a treasure chest, but also gamble for income;
  3. In addition to the game’s profits, players can focus on accumulating treasure chests, cash rewards (up to 20U), MUFEX platform points and official NFT fragments to get significant airdrop rewards.

The Power Behind

The unique gameplay of MUFEX Game Bot has attracted numerous players, due to the core driving force behind it, MUFEX. MUFEX is an on-chain perpetual contract protocol designed for crypto degens and is committed to providing an unparalleled trading experience.

  • Convenient AA Account

MUFEX, in cooperation with wallet providers, took the lead in implementing the account abstracted wallets in the perpetual contracts exchange scene. This allows users to create a MUFEX account and log in to the MUFEX platform through email or social media accounts. Upon registering a MUFEX account, users can choose not to have private key mnemonics and other Web3 account features, and directly link the account with email or social accounts with a host of other Web2 features. This removes the worries of Web2 users, having to grasp and manage difficult Web3 concepts like complex mnemonics and private keys.

  • Efficient System Engine

MUFEX’s trading system uses off-chain contracts and matching engines, which can run stably under extreme market conditions, with an order delay of less than 10ms. Each currency pair supports up to 100,000 transactions per second, meanwhile VISA’s credit card global network can only process 2,000 transactions per second. This means that the MUFEX system can provide users with various different trading services, ensuring efficiency, low cost, and safety and reliability.

  • Multi-chain Asset Aggregation

MUFEX supports multi-chain assets to enhance user experience and reduce capital inefficiency. MUFEX aggregates data across chains to provide traders with more market opportunities, ability to use funds and withdrawals across chains.

  • High Liquidity, Low Slippage

The high liquidity and low slippage are the most powerful indicators of a strong trading platform. MUFEX is the first to integrate the order book model with a liquidity pool model. While ensuring sufficient liquidity guarantees low slippage in trading, it has also added more insurance pool risk control strategies, allowing liquidity providers to the liquidity pool to obtain more monetary benefits.The integrated trading model brings about the strengths of both trade execution models to complement each other for a better designed trade execution model.

  • High Leverage DEX

Platforms face issues in building higher leverage products due to oracle price delays, thus reducing user trading choices. To ensure the safety of transactions and build a more diverse product system, MUFEX will continue to use the spot prices of mainstream CEXs as the mark price. Thanks to excellent liquidity and strong technical expertise, MUFEX offers up to 150x contract leverage in popular perpetual contract pairs.

Future Prospects of MUFEX Game Bot

With Uniswap leading the way, DEXs have challenged the CEX spot market. However, in the lucrative perpetual contract market, perpetual contract DEXs remain behind in their rivalry with CEXs.

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MUFEX integrates DeFi, GameFi, and social elements. Leveraging the gamification of perpetual contract trading and aligning with Web2 user behavior, it aims to educate users on perpetual contract DEXs. MUFEX’s overarching goal is to serve as the first perpetual contract DEX that Web2 users encounter, positioning itself as the go-to platform for Telegram’s vast 800 million users to delve into DEX.

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Augmented Reality

Exploring the Future of Gambling: GamingTech CEE Panel Unveils the Power of Web3, Blockchain, XR, VR, and AR

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GamingTech CEE is around the corner, taking place on September 26-27, 2023, at the prestigious Ritz Carlton Budapest. The leading event for exploring the latest tech innovations in the gaming industry within the Central and Eastern European (CEE) region promises to be a game-changer, featuring panel discussions on a wide range of topics.

The ultimate destination for industry professionals, innovators and enthusiasts, GamingTech CEE – brought to you by the #hipthers – offers a unique opportunity to gain a deeper insight into how the gaming industry is evolving within the region. With a focus on compliance, innovation, and networking, this event offers a platform for industry professionals and enthusiasts to stay ahead in the dynamic world of gaming technology.

“The Intersection of Gambling Industry with Web3/Blockchain/XR/VR/AR” panel discussion will take a closer look at the integration of innovative Web3 technologies into iGaming. Dean Rakic, Chief Scientist at Blockcontrol, will serve as the moderator, bringing together experts and innovators from the gambling industry and technology sectors. The panel aims to explore the transformative potential of Web3, blockchain, XR (Extended Reality), VR (Virtual Reality), and AR (Augmented Reality) in reshaping the future of gambling.

As technology continues to revolutionize the gambling landscape, understanding the synergies between the gambling industry and these cutting-edge technologies has become imperative. The panel will delve into key topics, including:

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  1. Web3 and decentralized gambling platforms: Exploring how Web3 and decentralized technologies can disrupt traditional gambling models, increase transparency, and enhance player trust through decentralized platforms and smart contracts.
  2. Blockchain in gambling: Discussing the applications of blockchain technology in the gambling industry, including secure transactions, provably fair gaming, identity verification, and transparent record-keeping. Exploring the potential benefits and challenges of blockchain adoption.
  3. XR, VR, and AR in immersive gambling experiences: Examining how Extended Reality (XR), Virtual Reality (VR), and Augmented Reality (AR) can create immersive gambling experiences, enhance user engagement, and blur the boundaries between physical and virtual gambling environments.
  4. Tokenization and digital assets: Exploring the integration of digital assets and cryptocurrencies in the gambling industry. Discussing the potential of tokenization for in-game assets, digital collectibles, and innovative reward systems.
  5. Responsible gambling and user experience: Addressing the ethical considerations and responsible gambling practices in the context of emerging technologies. Discussing how XR, VR, and AR can be leveraged to promote responsible gambling behavior and create engaging, safe, and immersive user experiences.
  6. Regulatory challenges and opportunities: Analyzing the regulatory landscape and potential challenges associated with the adoption of emerging technologies in the gambling industry. Exploring the opportunities for collaboration between regulators, technology providers, and gambling operators to foster responsible innovation.
  7. Future trends and opportunities: Gaining insights into the future trends and opportunities at the intersection of Web3, blockchain, XR, VR, and AR in the gambling industry. Discussing the potential impact of these technologies on user acquisition, player engagement, and market expansion.

Panelists

  • Arthur Stadler – Attorney and Founding partner at STADLER VÖLKEL Attorneys at Law
  • Daniel Gunba – Founder / CEO of TRIIONFT
  • Sönke Kirchhof – CEO at INVR.SPACE
  • Manuel Messner – CEO at Mazing GmbH

Register to the event

GamingTech CEE is more than just a conference; it’s a platform for networking, knowledge sharing, and fostering collaborations in the gaming technology sector. Attendees will have the chance to connect with industry leaders, explore cutting-edge innovations, and gain a competitive edge in this rapidly evolving industry.

Registration is still open for those interested in joining this and other enlightening discussions and being part of the GamingTech CEE experience. Register for the conference now or find out more about GamingTech CEE on the official website.

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Blockchain

Introducing Turkeys.io: A Revolutionary Crypto Project Bringing Fun and Profit Together

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Turkeys.io, a groundbreaking crypto project, is set to take the crypto world by storm with its unique and exciting turkey racing game and innovative betting telegram bot. Turkeys.io is designed to offer a one-of-a-kind experience for crypto enthusiasts, combining entertainment and profitability in the blockchain space.

Turkeys.io is not just another crypto project; it’s a thrilling journey into the world of turkey racing and digital farming. Here’s what you need to know about this exciting venture:

Turkey Racing on the Chain

The latest update from Turkeys.io unveils a thrilling turkey racing game on the blockchain. Participants can not only watch turkeys race but also bet on them using the innovative Telegram bot designed for on-chain betting.

To participate in the races, users need to make their turkeys eligible by dropping a certain amount of $VEG, the project’s native cryptocurrency. Once eligible, you can enjoy racing and gambling in the Turkeys.io decentralized application (dApp), just as you would expect in a traditional betting scenario.

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But what sets Turkeys.io apart is the Telegram bot, which allows users to create a wallet within the bot itself. In this wallet, users can buy set amounts of $VEG, such as 250 Veg or 500 Veg, making it convenient and user-friendly. Additionally, users can also transfer $VEG within the bot.

The Thrill of Betting on Turkeys

The Telegram bot will announce races every hour, featuring a random selection of turkeys ready to compete. Players can pick their favorite turkeys and place $VEG bets on them using their bot wallet balance. This unique betting experience adds an exciting dimension to crypto gaming, making it more interactive and engaging.

Key Features That Set Turkeys.io Apart

Turkeys.io is not just about turkey racing; it offers several key features that make it stand out in the crypto space:

  1. Highly Engaging Telegram Bot: Turkeys.io’s Telegram bot can be integrated into any channel or run in any group, making it highly engaging and accessible to a wide range of users.
  2. Gas Fee Coverage: Turkeys.io understands the importance of a seamless gaming experience, and to achieve this, the project covers all gas fees, ensuring that gambling within the bot is completely gas-free.

How Turkeys.io Works

Turkeys.io introduces users to a digital farming world where they can cultivate non-fungible vegetables and tend to a flock of unique pixel Turkeys. The project operates with the official $VEG contract at 0xA8b28269376a854Ce52B7238733cb257Dd3934e8.

  • Farmer NFTs: Users can buy farmers using their $VEG coins, which instantly start generating $VEG without the need for staking. The cost of farmers increases exponentially with each mint, and the more farmers you have, the more $VEG you generate.
  • Turkey NFTs: Turkeys are unique in that they occasionally steal a portion of the $VEG harvest when a farmer claims it. This adds an element of surprise and excitement to the game. Turkeys can be minted for a flat fee in $VEG.
  • Buildings: While buildings are part of Turkeys.io’s roadmap, they will play a core role in managing and growing your farms. These buildings will have various functions, such as reducing the impact of disasters and increasing yield from fields.

Roadmap Ahead

Turkeys.io is excited to unveil its comprehensive roadmap, guiding its evolution in the crypto space. In Phase 1, the project will make a grand entrance onto the Ethereum main net, supported by a strong social media presence to engage with the community. Phase 2 will mark the availability of Turkeys and Farmers for minting, allowing users to dive headfirst into the world of turkey racing and digital farming. As we progress to Phase 3, we’ll focus on extensive social marketing efforts, airdrop events, and rewarding the ecosystem to create a vibrant and interactive community. Finally, in Phase 4, we’ll introduce a range of buildings on the Ethereum main net, each with distinct functions to enhance and diversify the farming experience. Turkeys.io is committed to delivering a captivating journey for its users, full of excitement, rewards, and innovation.

Turkeys.io is set to redefine the crypto gaming space by offering a unique combination of entertainment and profit potential. Visit the official website at https://www.turkeys.io/, or join the Turkeys.io community today on Twitter (@turkeys_io) and Telegram (@turkeysio) to stay updated on the latest developments and exciting events.

Don’t miss the chance to be part of this thrilling crypto journey with Turkeys.io. It’s time to race, bet, and farm your way to success in the world of digital turkeys!

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Blockchain

Swiss WEB3FEST 2023: The Convergence of Web3 Innovation and Collaboration

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Amidst the grandeur of the Switzerland United event, the Swiss WEB3FEST 2023 emerges as a focal point of transformative conversations and cutting-edge insights. From September 12th to 17th, in prime locations of Zug and Zurich, this visionary 6-day festival will captivate the imagination of trailblazers, investors, creators, and thought leaders alike.

 

At the nexus of this extraordinary gathering are two exceptional ecosystems, Crypto Valley and the Crypto Oasis. The Swiss WEB3FEST serves as a testament to their shared vision of ushering in the future of the internet. Crypto Valley, known for its pioneering role in blockchain and decentralized technologies in Switzerland and Lichtenstein, and the Crypto Oasis in MENA, a thriving hub for innovation, growth and advancement, come together to present an event that encapsulates the essence of Web3.

Web3 encapsulates the upcoming phase of the internet, encompassing a spectrum of cutting-edge technologies including AI, Blockchain, Cryptocurrencies, Gaming, Sustainability, IoT, Metaverse, NFTs, and beyond.

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Ralf Glabischnig, initiator of WEB3FEST, commented: “Our vision for this festival is to combine the exceptional potential of both Crypto Valley and Crypto Oasis. Switzerland is an outstanding location for founders looking to provide a regulatory home for their blockchain and Web3 startups. The Middle East offers a brilliant platform for these startups to scale internationally. With the launch of WEB3FEST, we aim to establish an annual Web3 event series worldwide.”

A Glimpse into the 6-Day Extravaganza

The festival sets off from September 12th to immerse participants and attendees in a dynamic journey through the diverse themes that define the Web3 realm.

  • NFT ART DAY: The festival’s curtain raiser on September 12th in Zug, will be a comprehensive survey exhibition of the Swiss NFT art scene and the inauguration of the Swiss NFT Timeline.
  • Web3 Gaming and Metaverse: The event’s second day invites attendees to dive into the realm of Web3 gaming and Metaverse projects. Engage with innovators and founders while gaining a deeper understanding of Internet Computer’s role in shaping the future of gaming. This will be followed by a tribute concert to Amy Winehouse combined with an AI-generated experience at the renowned Volkshaus Zurich.
  • Sustainability and Innovation: On the third day, the spotlight shifts to sustainability, and the role of AI and Web3 in building it. The European launch of The Green Block initiative, which underscores the festival’s commitment to sustainability and lines up to the launch of the first The Green Block report leading up to COP28 in the UAE.
  • Deep Dive Crypto Valley: Day four unravels the history of Crypto Valley in Zug with a deep dive into the ecosystem, with a focus on protocols and regulated digital assets businesses, where attendees can connect with the minds behind this vibrant blockchain hub. Engage in discussions with opinion leaders and investors over an exclusive brunch, lunch or dinner that follows.
  • Ecosystem Unconference: Saturday, September 16th is all about connection and collaboration and open to the public to showcase tangible products and experiences. The Ecosystem Unconference, together with the Swiss NFT Association, welcomes forward thinkers from various domains. The Entire FIVE Hotel Zurich will be divided into experience areas focusing on AI, DeFi, Education, Longevity, Sustainability, NFTs, Real world Assets, Gaming and the Metaverse. This day will also witness the unveiling of the FIVE Zurich Metaverse by Pulse World.
  • Curtain Closer: The grand finale of the WEB3FEST will be a Networking Event on Sunday at the FIVE in Zurich. Attendees will have the opportunity to network over brunch and later by the pool, providing a relaxed setting to reflect on the festival, forge new connections, and plan for the year ahead. It’s the perfect ending to a week of innovation and collaboration.

Throughout the entire week, attendees will enjoy exclusive dining experiences, electrifying concerts, performances by international DJs, and abundant chances to connect with fellow members of the Web3 community.

The Swiss WEB3FEST is initiated by Inacta Ventures, Crypto Oasis Ventures, The Crypto Valley Association, Trust Square, co-hosted by The Internet Computer and is supported by the City and Canton of Zug in Switzerland.

Mark your calendars for an unparalleled journey that transcends borders, embraces collaboration, and defines the Web3 era. Registration and detailed event information are available at www.web3fest.ch.

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