Calvin Ayre Splashes the Cash Again, Invests in CryptoFights

Bitcoin SV’s (BSV) biggest backer is back at it.

Calvin Ayre, the owner of CoinGeek and an ex-gambling businessman, has invested in Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term gaming company Kronoverse.

"I love online games and I love Bitcoin, so it's great that Kronoverse combines them both,” he said.

Ayre, who is the main backer of BSV, has been on a spending spree in the past couple of weeks.

First came news that he had invested “millions” in cryptocurrency exchange DRIVE Markets.

That was followed last week by an announcement that BSV would, via CoinGeek, be sponsoring Scottish football team Ayr United next season.

And now this Wednesday comes news that the BSV advocate is going to be pumping money into Kronoverse.

Head-to-head in the cryptoverse

A gaming company based in the US, Kronoverse is most famous for launching CryptoFights 3D - a turn-based 1v1 fighting game.

The gaming firm claims to have integrated blockchain into its system in a number of ways. Fight results, for example, are all recorded onto the blockchain.

As a result of the deal with Ayre, Kronoverse will now be using the BSV blockchain to support some of its infrastructure.

“We were investigating other blockchain platforms until we learned about BSV and saw it delivers what we need for online games to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term blockchain's true capabilities,” said Adam Kling, Kronoverse’s chief executive officer.

“BSV has the massive scaling plan to handle large data files for recording the massive amounts of data we plan to utilize, has great developer tools created by its community, and provides an audit trail.”