Fantasy crypto games poised to break down barriers to entry
Red Fog, a Chicago-based cryptocurrency gaming platform, today announced the formation of a commercial and strategic partnership with Crypto Mainframe, an innovative asset management platform for mining and trading,
headquartered in London, UK.
Red Fog’s Daily Fantasy Crypto tournaments will be made available on the Crypto Mainframe Platform, enabling participation in global trading competitions.
“We are delighted to be partnering with Crypto Mainframe and excited about the benefits this brings to our global community of players” said Max Arkey, Managing Director of Red Fog.
Growing Adoption of Crypto Assets
VISA, PayPal, Square and Apple Pay are a few big names to have recently dropped ‘crypto bomb shells’ via new product and service announcements. Yet mainstream media tend to focus their reporting on Bitcoin’s high volatility and the complexity of buying, selling, and safely storing digital assets.
“For people new to cryptocurrency Red Fog is a steppingstone to investing in digital assets for real” Max Arkey explained.
“Gamification of crypto markets benefits not only newcomers wanting to learn about all the different coins and tokens, but seasoned traders too. They can hone their skills, test new strategies in the Red Fog game environment and now because of this integration, seamlessly move to live trading on a trusted exchange.”
Gamification will Lower Longstanding Barriers to Entry
Registered users of Crypto Mainframe can earn rewards in a variety of Red Fog trading games where the objectives range from creating simulated portfolios to selecting the best coins and tokens over long-term elimination
tournaments.
Red Fog and Crypto Mainframe plan to further collaborate on a range of leading analytical tools for crypto asset markets that will form the basis of several collective investment mechanisms to be made available to their users in the future.
About Red Fog
Red Fog LLC is a crypto gaming platform founded in 2018, headquartered in Chicago, United States. Their mission is to help the broader community navigate crypto markets through simulated investment games. Red Fog’s Daily Fantasy Crypto utilizes real-time market information to determine the outcome and award game winners. The company launched Crypto Cloud, an analytics and ratings platform for individual and professional investors
looking for an advantage.
About Crypto Mainframe
Crypto Mainframe was launched from London, UK, in 2017 to autonomously collate third-party media alongside market data, analysis, and trading indicators. The Company is now releasing an updated platform for crypto asset management, enabling collective mining via multi-coin pools and liquidation on the peer-to-peer CM.EX exchange to be launched in Q2 2021.
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Email: media@redfog.com
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