The Yard.gg is the leader in innovating peer to peer wagering in the emerging metaverse

                      Logo, company name

Description automatically generated

United States, 30th Dec 2022 – The Yard.GG prepares to release its game changing app

Franklin, Indiana, Dec. 18, 2022 – The Metaverse is a companion space to the traditional universe. Unlike the traditional universe, the Metaverse decentralizes activity and supports peer-to-peer (P2P) interactions in ways that the traditional universe cannot. But just like the traditional universe, the Metaverse is not defined by the games that are played in it, the technologies that support it, but by the human interactions that drive it. 

TheYard.gg builds playgrounds for existing communities in the Metaverse and supplies platforms and services that support P2P interactions, whether play, work or transactional.

Instead of defining people’s behavior within the emerging digital world, we are providing simple solutions that allow people to self-determine their behavior.  

STAKE, being released in the first quarter of 2023 by TheYard.gg, is one of those platforms.  STAKE is a cloud-based engine that facilitates self-defined player interaction and legal P2P wagering and allows STAKE community members to engage and to define community though self-defined rewards system for play. 

STAKE will be built on the UMG Gaming foundation that was purchased by Harena Data, a subsidiary of The Yard.GG and will create a safe space for video gaming fans to compete in games of skill against each other. Players can propose wagers, accept wagers and competitions and then compete directly with other players. 

STAKE is building upon success and a user base of 2.5 million players but its aim is to be the P2P platform that has the widest base of games offered and to the widest base of users in order diversify competition sand to create real community around game play

Online sports gambling in the US is on the rise and the market is already worth billions of dollars. STAKE is dedicated to opening the P2P Market and to creating a beachhead through skills based wagering in North American and globally. Revenue is derived primarily from a small transaction fee for withdrawals and from interest earned on funds held. 

“Whatever corporate aspirations that might exist, the Metaverse is going to be defined by the P2P interaction of the people that inhabit it” says Derek Pew Chairman and CEO of TheYard.gg. “Defining your own reality through supported P2P interactions is part of the driving force of the Metaverse and STAKE is one of the platform tools we will provide to support that.”

Currently The Yard is in a fundraising round on Start Engine. For further information go to www.startengine.com/offering/theyard

Media Contact

Organization: The Yard.GG

Contact Person: Bill Dever

Email: [email protected]

Website: https://www.startengine.com/offering/theyard

Country: United States

The post The Yard.gg is the leader in innovating peer to peer wagering in the emerging metaverse appeared first on King Newswire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

News

Magzoid Emerging Art Icons Awards 2023: Nada Al Barazi Wins Best Artistic Achievement

Dubai, UAE, 9th June 2023, ZEX PR WIRE, The Magzoid Emerging Art Icons Awards 2023, a landmark event in the global art and culture...

InSight Inspections Adopts Advanced Inspection Technology to Provide Comprehensive Reports for Homeowners

Glendale, Arizona, May 23, 2023, ZEXPRWIRE, InSight Inspections, a leading provider of home inspection services in Glendale, Arizona, has recently announced adopting advanced inspection technology to...

Maintain a Healthy Underwater Environment with the Jet Stream Lake Muck Blower

Excelsior, Minnesota, United States, 18th Feb 2023, King NewsWire – If you have a pond, lake, or other large natural water body on your...

GBCORP Expands Its Business Umbrella Across New Zealand, Announces CEO Gaurav Bhatia

Hamilton, New Zealand, 26th Feb 2023 – GBCORP, an IT company founded in 1998, has expanded its portfolio to include imports and exports, creating...

The Nemesis Unveils NEMS Token: Driving Gaming’s Next Frontier

NEMS token is coming soon and will allow players to cash out and earn real money through a special Play-and-Earn model. Lugano, Switzerland, 16th September...

Needle Moved: 300 Digital Transformation Leaders and Technology Evangelists gather in the UAE to discuss the Future of Low Code No Code.

Dubai, UAE, 7th December 2023, ZEX PR WIRE, Held under the Patronage of The Private Office of Sheikh Ali Rashed Ali Saeed Al Maktoum,...

Ogoni Indigenes In Nigeria Kick Against Government`s Plan To Auction Oil Block Amidst Environmental Pollution In Area

PORT HARCOURT, NIGERIA, December 30, 2022 / — Some Indigenes of Ogoni, an oil-producing region in Niger Delta, Nigeria have threatened to disrupt and...