Reebok to Debut An On-Chain Gaming Experience

Hi NoRamp Community,

Daily News:

1) Amazon Prime Giving Out Free Packs for NFT Game 'Gods Unchained'

2) Merit Circle DAO Partners with Immutable

3) Reebok to Debut An On-Chain Gaming Experience

4) Canadian Fintech Koho Receives $63M Funding

5) ZilBank Enables Mexican Entrepreneurs to Open US Payment Accounts

Amazon Prime Giving Out Free Packs for NFT Game 'Gods Unchained':

• Amazon Prime subscribers can now claim free in-game card packs for the NFT game Gods Unchained, as part of a six-month promotion offering new content each month through the Amazon Prime Gaming portal.

• While the cards included in the packs are not initially tokenized as NFTs, players can convert them into NFTs by fusing multiple identical in-game cards, enabling trading via the Immutable X network.

• The partnership coincides with the launch of Gods Unchained's second in-game season, "Far Horizons," introducing new gameplay mechanics, the "Tides of Fate" card set, and a content creator support program offering GODS tokens as rewards. The game is available on Windows and Mac and plans a soft launch on iOS and Android later this year.

Merit Circle DAO Partners with Immutable:

• Merit Circle DAO and Immutable have formed a strategic partnership to advance the web3 gaming ecosystem, focusing on blockchain technology and digital asset ownership.

• The collaboration includes launching Merit Circle’s gaming subnet, Beam, on Immutable’s zkEVM, a Polygon-powered scaling solution, expanding Beam’s reach beyond the Avalanche network to foster innovation in web3 gaming.

• Immutable has launched its zkEVM Testnet, offering Ethereum compatibility and features like seamless smart contract migration and enhanced security. This partnership will enrich gaming experiences, with several game studios and marketplace partners already transitioning to the new platform, while continuing to support Immutable X for zero gas fees and instant transactions.

Reebok to Debut An On-Chain Gaming Experience:

• Reebok, in partnership with crypto tech startup Futureverse, is set to launch an on-chain gaming experience called “Reebok Impact” next year, aiming to revolutionize fashion in the digital world and extend its brand into virtual realms.

• The collaboration focuses on developing AI- and blockchain-backed games and digital experiences, incorporating on-chain digital wearables and immersive virtual gaming, to provide digital shoes a functional context within these experiences.

• While Reebok has not announced plans for physical sneakers tied to digital tokens, it follows the trend of integrating fashion with digital assets, as seen with Nike's acquisition of NFT sneaker studio RTFKT and collaborations with digital brands like Gary Vaynerchuk’s VeeFriends. Futureverse, having raised a $54 million Series A, aims to create an open metaverse, connecting various digital platforms.

Canadian Fintech Koho Receives $63M Funding:

• Canadian fintech company Koho has secured $63 million (CAD 86 million) in new funding, maintaining its valuation at $589 million (CAD 800 million), with participation from Business Development Bank of Canada, Drive Capital, and Eldridge Industries.

• Founded in 2014, Toronto-based Koho offers a comprehensive spending and savings account service, including a Mastercard prepaid card, insurance, and credit-building products, partnering with Peoples Trust for funds management.

• CEO Daniel Eberhard emphasizes that the fundraise aims to accelerate the creation of value for users, particularly important in the current economic climate, to enhance financial well-being and simplify personal finances for Canadians.

ZilBank Enables Mexican Entrepreneurs to Open US Accounts:

• ZilBank, a B2B banking platform, has introduced a new feature enabling Mexican businesses, entrepreneurs, and freelancers to easily open U.S. payment accounts online and facilitate payments to U.S. vendors, affiliates, and employees.

• The platform allows Mexican users to set up U.S. accounts remotely with just a passport, statement of purpose, and necessary documents, promoting business growth in the U.S. and simplifying international transactions.

• ZilBank offers a range of financial services including multiple business accounts, money transfers, virtual cards, and international payments, aiming to foster global business expansion and financial empowerment for businesses of all sizes. Its parent company, Zil Money, recently integrated with Sage Intacct to automate invoice imports and payment processes.

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