NEW YORK, Dec. 14, 2021 (GLOBE NEWSWIRE) — by way of InvestorWire — 2021 has been a ground-breaking 12 months for the Cardano Blockchain because it releases its subsequent part of the decentralized infrastructure that may change the world perpetually. As followers of the Cardano venture will likely be conscious, CEO Charles Hoskinson has made it his private purpose to “bank the unbanked” and has a customized mission to vary the fortunes of the 1.2 billion individuals who dwell in Africa. Joining Cardano on this unimaginable mission are quite a lot of high-profile tasks, two of which heavyweights, Cornucopias and Tingo International Holdings – majority shareholder of Tingo Inc (OTC: IWBB), which just lately acquired Tingo Mobile PLC in Nigeria – have joined forces to create a particularly highly effective partnership centered on rising the economic system of the West African nation of Nigeria.
Tingo has already delivered vital social impression in Nigeria with its distinctive rural communities-based enterprise mannequin. Tingo has 10 million prospects, primarily Nigerians working within the critically essential agricultural sector, supplying all of them with cellphones.
Tingo is a mission-driven firm that goals to be Africa’s main agri-fintech participant by remodeling rural farming communities to attach by way of a novel device-as-a-service mannequin, offering entry to an intensive ecosystem that meets their full wants, from inputs, agronomy, off-take, fintech and digital agri-marketplace, which delivers sustainable revenue for patrons in an impactful manner.
Dr. Chris Cleverly, Tingo President stated:
“Axie Infinity has grown 19,000% to a $7.5 billion market cap in under 12 months. Forty percent of Axie players live in the Philippines. Tingo has nearly 10 million smartphone subscribers in Nigeria, where there are estimated to be over 20 million active e-gamers. We believe ‘Play to Earn’ and ‘Learn to Earn’ will have huge traction in Nigeria to rival Axie’s in the Philippines.”
Sharing the same vision as Charles Hoskinson, Cornucopias is more than one of those average Metaverse projects that are popping up everywhere. Heavily researched, Cornucopias has positioned itself to combine technologies that will not only result in an amazing Play-to-Earn game but also combine Build-to-Earn and Learn-to-Earn functionality, making Cornucopias one of the first projects to truly understand and harness the power of the Metaverse. This will allow land, properties and other NFT assets to be truly owned by actual players in a decentralized world and not large corporate dinosaurs.
The strategic partnership between Cornucopias and Tingo aims to deliver on the vision of Charles Hoskinson by bringing the Cardano Blockchain-based Cornucopias “The Island” Play-to-Earn cell phone mini-games to the ten million prospects of Tingo.
Global gaming income was $174 billion in 2020 and is anticipated to achieve $314 billion by 2026.
Previously, Minister for Youth and Sports, Mr. Sunday Dare, has stated: “We are working on a plan that would produce, for the first time, an industry-based sports policy that will turn sports into business. We are on the verge of launching e-gaming Sports in Nigeria. It is the most suitable for the post COVID-19 era. Globally, it is a $13 billion business.”
There are over 20 million players in Nigeria, and the gaming income for cell phone video games in 2023 is anticipated to be round $126 million.
This partnership will enable current Tingo prospects to put in a rising set of mini-games which are being developed by the Cornucopias group.
The distinctive mini-games will likely be totally built-in into the principle Cornucopias Metaverse and will likely be obtainable to obtain and play by all cell phone customers in Nigeria and the remainder of the world, creating a large, numerous ecosystem on a worldwide scale that has by no means been seen earlier than. Players will be capable of benefit from the Play-to-Earn rewards in a enjoyable, secure and pleasurable surroundings.
The Cornucopias growth group is working intently with Tingo, which upgrades the 10-million-and-growing cellular units of its prospects each three years, to make sure the mini-games will work on as lots of the cellphones in Nigeria as attainable.
Commenting on the partnership, Cornucopias CEO Rob Greig states:
“When we set out to build the free Play-to-Earn Cornucopias Metaverse, our vision was to allow players of all ages, backgrounds and abilities to benefit from our technology and to reimagine a world where gaming, education, community and personal growth can thrive in a safe, evolving, all-encompassing metaverse. Our partnership with Tingo is extremely exciting, as it allows us to take huge steps toward achieving our goals.”
The Play-to-Earn cell phone mini-games are simply the primary of many initiatives by which Cornucopias will likely be partnering with Tingo, with extra superb bulletins to come back quickly.
Josh Jones, CMO of Cornucopias, says:
“Cornucopias will create a Learn-to-Earn programme aimed at Tingo customers with a focus on coding, blockchain, DeFi, IOT, UX/UI design, etc., but also including agri-tech, agri-business and agriculture. We see innovation in education as a crucial part of value creation in the metaverse and aim to utilize existing partnerships to add value to Tingo customers.”
The Metaverse received’t be constructed in a single day, and each Cornucopias and Tingo are displaying how partnerships with totally different applied sciences can mix collectively to vary the lives of tens of millions of individuals utilizing blockchain expertise.
About Cornucopias
Cornucopias’ “The Island” is a large Play-to-Earn, Build-to-Earn, and Learn-to-Earn blockchain-based sport by which gamers will be rewarded with and/or personal land, properties and different NFT-based property with real-world worth, all by taking part in video games in a enjoyable and secure metaverse.
“The Island” combines gaming with real-world commerce and provides alternatives for conventional and e-commerce firms to promote and promote their real-world manufacturers, items and providers to a hard-to-reach viewers they’ve probably by no means had entry to earlier than.
“The Island” is constructed on the Unreal 5 video games engine, which is appropriate with the PC, cell phone, gaming consoles and sensible TVs, and will likely be powered, ruled and perpetually evolving due to a rising variety of communities together with blockchain, Unreal Game Developers, 3D artists and modellers, and common sport lovers.
About Tingo International Holdings
Tingo is a novel agri-fintech firm utilizing smartphones to ship a market that allows 10 million subscribers to handle their industrial actions of rising and promoting their merchandise to market members. The ecosystem supplies a one-stop-shop resolution to allow subscribers to handle all the things from airtime top-ups, invoice pay providers for utilities and different service suppliers, entry to insurance coverage providers, and microfinance to assist their worth chain from seed to sale.
Tingo has two modern platforms: Nwassa, Africa’s first digital agriculture ecosystem, and Tingo Pay, a cellular cost gateway. Tingo International Holdings is a majority shareholder in Tingo Inc (OTC Markets: IWBB), which owns 100% of Tingo Mobile PLC in Nigeria. The firm has just lately agreed to accumulate Coinfield, a number one European crypto alternate that operates in 198 international locations.
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Contacts
Corporate Contacts:
Tingo, Inc.
(646) 847-0144
Rory Bowen
Chief of Staff – Tingo Inc
Rory.bowen@tingoinc.com
Josh Jones
Chief Marketing Officer – Cornucopias Game LLC.
information@cornucopias.io
Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com