CryptoFights secures additional investment from Calvin Ayre in second funding round

CryptoFights, the fighting game developed for the Bitcoin SV (BSV) blockchain, has attracted new investments, demonstrating its impressive potential. Kronoverse has announced a second investment from BSV ambassador and CoinGeek founder Calvin Ayre. While the exact amount of the investment remains undisclosed, the press release emphasizes the innovative use of the BSV blockchain by CryptoFights. The game leverages the blockchain’s networking layer to record online battles using digital signatures, allowing for auditing and replaying indefinitely.

Transaction participants

CryptoFights BSV blockchain, also known as Bitcoin SV (Satoshi Vision), is a cryptocurrency and blockchain network that came into existence as a result of a hard fork from the Bitcoin Cash (BCH) blockchain in November 2018. The split was driven by differing views on the functionality and scalability of Bitcoin. BSV aims to restore the original Satoshi protocol, keep it stable, and allow it to massively scale. It supports a significantly larger block size limit than Bitcoin (up to 2GB), which enables faster transaction processing times and lower fees. BSV’s vision is to enable developers to build applications and websites on top of its blockchain, providing a more scalable and cost-effective solution for data storage and management
Calvin Ayre Calvin Edward Ayre is a well-known entrepreneur from Canada, based in Antigua and Barbuda. His claim to fame includes founding the Ayre Group and Bodog, an entertainment brand with a strong presence in the online gaming industry. Ayre is a firm believer in the potential of blockchain technology and has been instrumental in building and backing multiple ventures in this space. He is also a staunch supporter of Bitcoin SV (BSV), considering it the true embodiment of cryptocurrency and blockchain technology. Beyond his business pursuits, Ayre is recognized for his philanthropic efforts through the Calvin Ayre Foundation, which operates globally.
 Transaction amount  Not disclosed

In explaining their preference for the BSV blockchain, Kronoverse Chief Architect David Case highlights the immense amount of data that CryptoFights generates. Storing such data centrally would be prohibitively expensive, and no blockchain other than BSV offers the necessary scalability. Case affirms that BSV is the optimal solution for businesses requiring immutable storage of large volumes of data. Calvin Ayre believes in Kronoverse’s potential and notes the continued growth of eSports, making the additional investment logical. He invites businesses to explore the capabilities of the BSV chain at the upcoming conference in Seoul on October 1st & 2nd.

For those eager to experience CryptoFights, the team has announced an open beta testing phase starting in December. They have also provided a video outlining the game’s mechanics. Watch it here: Video Link

Sharon Heinz

As the editor of the Investments section on our website, Jane brings her years of experience and deep understanding of financial markets to curate insightful articles that empower our readers to make informed investment decisions. Jane has a knack for breaking down complex financial jargon into understandable language, making investment topics accessible to everyone, from novices to seasoned investors.


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