In a recent press release, Philippine-based mobile tech giant Cherry Mobile announced its strategic partnership with blockchain game Adamant Mine. With Cherry Mobile as an angel investor, the collaboration aims to reward “players all around the world with tangible goods and monetary gains.”
“This strategic alliance will elevate the connection with our community to new heights and underscores Adamant Mine’s primary goal of raising its profile in the decentralized finance DeFi space where we want to pursue new, innovative, and attractive prospects in markets throughout the world,” – Dominic Go, CEO of Fintech Adamant Intelligent Solutions Inc.
In a statement, Cherry Mobile noted that GameFi projects are changing the gaming industry.
“Given the current growth in both gaming and cryptocurrencies, they can create endless possibilities when combined. P2E mobile gaming is a perfect storm that has been steadily influencing mobile app development.” – Cherry Mobile
Cherry Mobile added that through this partnership, the company is continuing to thrive by providing accessible first-to-market innovations and introducing new generations of smartphones to Filipino consumers from all walks of life.
“With Cherry Mobile, Adamant Mine will reward players all around the world with tangible goods and monetary gains from doing what they love (even on their phone)! Together, these two brands will work together to increase the accessibility of cryptocurrency all around the world!” – Adamant Mine
What is Adamant Mine?
Adamant Mine is a play-and-earn, donate, and burn game that employs 2-D pixelated type graphics where the user will have to mine as many adamant blocks as they can. It is a mining game that utilizes the use of decentralized finance (DeFi) and non-fungible tokens (NFT). Mined Adamant blocks have a variable amount of cryptocurrency, called $ADMC.
Moreover, Adamant Global Ltd.the creator of the game also developed the Adamant NFT marketplace where players will have complete control over their digital accounts and assets.
What is an Angel Investor?
An angel investor is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments and when most investors are not prepared to back them.
The current top play-to-earn games according to DappRadar can be accessed here.
This article is published on BitPinas: Cherry Mobile Announces Partnership with Blockchain Game Adamant Mine
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