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Globe and Mail
a day ago
- Globe and Mail
Steam22 Launches $STM Token, Surpasses $2M Market Cap on Day One as Blockchain-Powered Sportsbook Gains Momentum
Willemstad, Curaçao--(Newsfile Corp. - August 9, 2025) - Steam22, the innovative sportsbook platform uniting traditional online betting with advanced blockchain infrastructure, has officially launched its $STM token. Debuting on Thursday, August 7th, the token quickly surged past a $2 million market cap on day one, reflecting both strong market appetite and growing trust in the platform's technology. To view an enhanced version of this graphic, please visit: The $STM token is designed to be more than just a trading asset-it's the operational backbone of a next-generation sportsbook that leverages blockchain to deliver provable fairness, real-time verification, and decentralized fund management. This approach addresses long-standing issues in the betting industry such as opaque odds, delayed payouts, and lack of transparency. Blockchain Integration for Fairness and Trust At the heart of Steam22's crypto sportsbook is a smart contract architecture that automates the wagering process from start to finish. Every bet placed is recorded on-chain, ensuring it is immutable and transparent to both players and regulators. Odds, payouts, and outcomes are all verifiable through public ledger data, eliminating the possibility of post-event manipulation. Instant Payouts and Escrow Security By utilizing blockchain-based payment rails, Steam22 enables near-instant withdrawals directly from the smart contract once a wager is settled. Player funds are held in escrow within the contract itself, meaning the platform cannot access or reallocate user balances without the blockchain's consensus mechanism executing it. This eliminates the trust gap that exists in many Web2 betting platforms. Token Utility and Ecosystem Growth The $STM token has multiple utilities within the Steam22 ecosystem. Beyond functioning as the primary currency for bets, it unlocks exclusive tournaments, loyalty multipliers, and governance rights that let token holders influence platform updates and feature rollouts. This integrated tokenomics model is designed to reward long-term engagement and strengthen community alignment with platform growth. Bridging Web2 Experience with Web3 Innovation Steam22 isn't an untested startup-it's an evolution of a proven Web2 sportsbook with an established user base. The move to blockchain builds upon years of operational expertise, giving the platform a unique edge in deploying Web3 features without sacrificing stability or user experience. This hybrid foundation has generated significant buzz across online forums and trading communities, with many industry watchers pointing to Steam22 as a blueprint for how legacy betting platforms can transition into blockchain successfully. With the $STM token now live, Steam22 has outlined a roadmap that includes additional blockchain integrations such as NFT-based VIP memberships, cross-chain interoperability, and advanced DeFi staking options for liquidity providers. For more information about the $STM token and the Steam22 sportsbook, visit
Cision Canada
2 days ago
- Cision Canada
The New Bybit Web3 is Here--Fueling On-Chain Thrills with $200,000 Up for Grabs
DUBAI, UAE, Aug. 8, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced another chapter in Web3 infrastructure with the brand new Bybit Web3. Returning from the hiatus in May this year when the restructuring commenced, Bybit Web3 is back and better on a mission to unlock access for millions of users worldwide. The new edition reimagines the on-chain experience with innovative offerings and a seamless user journey. Barrier-Free Onchain Experience The strategic upgrade adopts a fresh approach to on-chain trading integrating core DeFi functionalities and benefits into Bybit's trading platform, removing the hassle of setting up and managing multiple Web3 wallets and gas tokens. Achieving on-chain trading without complex setup and management of on-chain wallets and gas tokens, Bybit Web3 distills DeFi opportunities into one user-friendly interface. No external wallets, no gas tokens required—with only their Bybit UTA (Unified Trading Account) using USDT, USDC, SOL or bbSOL, users can explore on-chain trading and DeFi activities on Bybit Web3. Bybit users can seamlessly navigate between the centralized exchange and Web3, directly trading the most sought-after on-chain assets include TUNA, PUMP, FRAG, Fartcoin, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx and NVDAx on the Solana network. Bybit Web3 Exclusive: Limited-Time Prize Pool From now until September 7, 2025, eligible Bybit Web3 users can unlock a new prize pool of 200,000 USDT in two events: Task-Based Rewards: successful participants will earn Lucky Draw Tickets to unlock a 120,000 USDT prize pool; simple tasks include making the first Web3 trade in any amount. Performance-Based Competition: more confident Web3 traders can compete for top spots in the leaderboards by volume, for a chance to win up to 80,000 USDT. Rewards are distributed on a first come, first served basis. Terms and conditions apply. Bybit Web3 fuses the potential of Web3 and the convenience of the centralized experience, offering users the flexibility and support in an innovative model. With more features such as on-chain and off-chain arbitrage opportunities on the roadmap, getting ahead on-chain has never been easier. #Bybit / #TheCryptoArk / #BybitWeb3 About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Globe and Mail
3 days ago
- Globe and Mail
Creatd CEO and Executive Chairman Jeremy Frommer Joins Blue Gold Advisory Board
Strategic Alignment: Frommer brings over two decades of experience at the intersection of finance and technology to Blue Gold's tokenized gold initiative. Institutional Bridge: Appointment expected to enhance Blue Gold's access to institutional capital and advisory networks. Portfolio Synergy: Creatd continues to expand its presence across emerging digital asset verticals through advisory and platform integration. NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) today announced that its CEO and Executive Chairman, Jeremy Frommer, has been appointed to the Executive Advisory Board of Blue Gold Limited, a publicly traded company advancing blockchain-integrated gold-backed financial instruments. Frommer will serve as a senior advisor to Blue Gold's leadership, supporting the Company's strategy to build institutional credibility around its digital gold token offering. His background in fintech, structured finance, and platform innovation is expected to play a key role in shaping the Company's capital markets roadmap. 'Gold has always been a store of value,' said Jeremy Frommer, Executive Chairman of Creatd, Inc. 'Blue Gold's model redefines accessibility, applying transparency, speed, and digital trust to a legacy asset. I look forward to contributing operational insight and market strategy as they scale.' Frommer's appointment reflects Creatd's broader strategic framework: using its platform to connect high-growth ventures with infrastructure, capital, and advisory resources. The Company views the digital asset space as a natural adjacency to its core strengths in platform strategy, data systems, and compliance. Blue Gold's advisory board now includes Frommer alongside other industry operators and technologists working to bring blockchain-backed asset models into institutional markets. For more information on Creatd's strategic initiatives, visit About Creatd, Inc. Creatd, Inc. (OTC: CRTD) is a publicly traded holding company focused on investing in and operating businesses across technology, media, consumer, and capital markets. The Company builds, acquires, and accelerates assets with strong fundamentals and high growth potential, supported by a shared infrastructure built for scalability and transparency. About Blue Gold Limited Blue Gold Limited is a next-generation gold development company focused on acquiring and aggregating high-potential mining assets across strategic global jurisdictions. The Company's mission is to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments. Blue Gold is committed to responsible development, operational transparency, and leveraging modern financial technologies to redefine how gold is produced, accessed, and owned in the 21st century. Blue Gold prioritizes growth, sustainable development, and transparency in all our business practices. We believe that our commitment to responsible mining will enable us to create value for our shareholders while minimizing our environmental footprint. For further information, contact:
