[Duelbits](https://duelbits.com/) UK website is an online gaming and gambling platform offering users in the United Kingdom a diverse range of games using CSGO money or skins.

![duelbits.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/duelbits_4c70ccc91b.png)
 
The site has been designed to appeal to a broad range of players, attracting more and more people to the platform. The operators of Duelbits have integrated casino gaming and CSGO [gambling](/news/article/betfury-crypto-dapp) games, including a live casino section where real-life dealers play alongside the players.

## User-friendly interface and payment methods

The Duelbits UK platform has been developed with a simplistic design and easy navigation, ensuring users can use the site efficiently and maximize their gaming experience. The user interface of Duelbits has a clear layout, making it easier for users to browse the available games and choose their preferred options.

Furthermore, the platform offers standard payment methods such as PayPal and credit cards. Players can use these methods to deposit money into their CSGO gambling account. Signing up for Duelbits and using cryptocurrency payment options is quick and straightforward without undergoing KYC verification.

## Games and community chat

The Duelbits UK website's homepage showcases various live games, such as dice and roulette, that allow users to participate in [crypto](/news/article/crypto-events-to-attend-uk) sports betting. The top menu provides access to all the essential features of the platform, such as customer service, a provably fair system, and bonuses offered.

In addition to this, there is a community chat box that displays the number of online users. The website's modern design features a simple layout, allowing users to stay engaged and entertained for extended periods. The platform lets players view previous wins and gives the community a transparent and privileged gambling experience.

## Is it legit or a scam?

Duelbits is a legitimate online [casino](/news/article/review-rollbit-exchange) that offers a fair gaming experience to its players. The casino operates on a provably fair system that allows players to transparently verify the randomness and fairness of a game's results, which ensures that Duelbits' operators cannot rig the games.

The Duelbits UK platform stands out from the crowd as it has earned a great reputation in the online casino industry for not being associated with malicious activities.

It provides instant deposits and withdrawals to its players, another significant aspect proving the site's legitimacy. Duelbits processes withdrawals and deposits instantly, never blocking client funds, which allows players to withdraw lump sums of money immediately. Therefore, Duelbits is a trusted and legitimate crypto casino that players can enjoy without any concerns about being scammed.


Duelbits UK Review 

[Crypto.com](https://crypto.com/) was one of the sponsors of the 2022 [FIFA World Cup](/news/article/world-cup-vr-viewing) in Qatar. The initiative was taken to promote its Cronos crypto (CRO). It was expected that the publicity campaign at the biggest sports tournament would boost the coin's value.

However, the tournament offererd little exposure to CRO. It failed to trigger any significant price action for the coin. While many cryptocurrencies were consolidating their positions before a potential rally during Christmas, CRO is still bearish. Currently, the trading price of Cronos is only $0.064.

## CRO’s market value dropped by 50% in November

Instead of getting a boost, the Cronos crypto price fell by more than 50% in November. The FIFA World Cup did not benefit Crypto.com in providing global exposure. It is partly because of the politicisation of this sports event. The ban on wearing LGBTQ+ armbands and the prohibition of alcohol at tournament venues created controversy. 

Currently, the media is mainly generating negative headlines for FIFA and the Qatari Government. It has taken the limelight from the sponsors and has somewhat affected their reputation. 

## The effect of FTX contagion

The [collapse of the FTX exchange](/news/article/ftx-collapse-blockfi-suspend-withdrawals) also played its part in the price decline. It has become an unstoppable contagion that has affected numerous DeFi projects. The entire cryptocurrency market experienced the impact of its collapse in November.

CRO suffered from the FTX crash as it is an exchange token like FTT. The FTT token was the native token of the FTX exchange. Likewise, CRO powers the Crypto.com exchange. Cronos felt burnt as investors lost trust in tokens dependent on exchanges' performance.

Unfortunately, CRO remains one of the coins that failed to recover. It was trading at around $0.12 at the start of the month. But after the first week, it saw a sharp decline that persists. At the end of the month, it had shed more than 50% of its market value. It is now trading at around $0.064, according to [CoinMarketCap](https://coinmarketcap.com/currencies/cronos/).

## Cronos crypto price prediction

Currently, Cronos’ crypto price is less than its 200-day and 50-day simple moving averages (SMA). It is showing a continuous bearish trend while indicating high selling pressure. Moreover, the trends are neutral to bearish for the coming weeks. 

Now, let’s see the long-term price predictions for Crypto.com coin. The forecast from [PricePrediction.net](https://priceprediction.net/en/price-prediction/cronos) shows that next year, CRO’s price will average $0.098. Besides, it may top the price charts with $0.11. Moreover, in 2025 it is likely to maintain the average market value of $0.22. According to these insights, it is expected to reach the $1 mark in 2030 and will average $1.44 in the year. 

In comparison, [Coin Codex](https://coincodex.com/crypto/cronos/price-prediction/) predictions are slightly bullish. It predicts that in 2023, CRO’s value may reach $ 0.193269 to $ 0.332090. Moreover, it suggests that the token may hit $1 in 2025. Potentially, its price may reach $ 1.634169 in the new year. 

## Is Cronos crypto a good investment?

The [Crypto.com coin](/news/article/crypto-com-card) blockchain introduces an open-source protocol. It allows the mass adoption of digital assets and promotes the benefits of ownership. The token also has the backing of one of the most influential exchanges in the market. 

Unfortunately, at the moment, investor confidence is relatively low in such exchange-backed tokens. It is showing bearish trends and has already shed 50% of its value in a month. It seems highly unlikely that the coin will recover in the near future. That's why it does not seem like a good time to buy Cronos.


green glowing cronos crypto logo on black background

Cronos Crypto Publicity Falls Flat at World Cup

Chiliz, the network behind Chiliz coin, markets itself as the world's leading blockchain fintech provider for sports and entertainment. That's a big claim – can it live up to it?

Chiliz is a layer 1 blockchain solution developed using a Proof of Authority consensus algorithm. Built on top of this is Socios.com, a sports engagement platform that uses the Chiliz coin (CHZ) as its [on-platform currency](https://www.chiliz.com/en/).

The network is partnered with some of the biggest brands in the sports and entertainment world today, including UFC, Barcelona, AC Milan, and Manchester City.

## Collective ownership

The core aim of the organisation is to provide distributed blockchain infrastructure to help leading sports and entertainment brands 'engage and monetize their audience.' This is achieved via the Chiliz coin, the CHZ token. It acts as the exclusive on-platform currency as well as an alternative payment solution.

The Socios engagement platform, in turn, allows fans of mainstream brands to purchase branded 'Fan Tokens' from their favourite club or organisation.

Fan Tokens provide brands with a way to connect with their audience and unlock undiscovered revenue streams. Holders of Fan Tokens are eligible for exclusive rewards and recognition. They can also 'have their say' and vote on permitted club matters. This concept of 'collective ownership' will become a key element of blockchain adoption in the near future as we move toward a more decentralised society.

Fan Tokens are minted through the Socios platform and voting is executed via a series of smart contracts on the main blockchain. Chiliz uses a Proof of Authority consensus mechanism, similar to Proof of Stake and based on the Ethereum ERC20 standard.

##   CHZ Max supply

The organisation is headquartered in Malta and raised some $65 million in private investment in 2018. Industry luminaries such as Binance, FBG Capital, and Ceyuan Ventures have all invested alongside [private individuals from Asia and Europe](https://medium.com/chiliz/chiliz-reaches-65-million-goal-through-private-placement-84805af230af).

The max supply of Chiliz coin is capped at 8.8 billion, with a current circulating supply of 6.09 billion. With the current price of CHZ at $0.2472 (18 November, 2022), this gives Chiliz coin a market cap of just over $1.5 billion. [CHZ](https://coinmarketcap.com/currencies/chiliz/) can be bought at most leading exchanges, including Binance, OKX, and Bitrue.

Since its October 2018 launch, Chiliz has gone from strength to strength. Some of the largest names in sports and entertainment are now signed up to the platform. Indeed, despite recent market events, the Chiliz coin has held up well and is one of the strongest performers today.

Chiliz is looking to break into the up-and-coming eSports market, where [blockchain firm VRA](/news/article/vra-crypto-esports) is already making massive strides.

With an established presence in the crypto top 50 and some of the biggest names in sports and entertainment on board, Chiliz is an exciting project working to change the relationship between fans and clubs.


Chiliz Coin Plays for Keeps

As the World Cup soccer tournament grows in popularity worldwide, Chinese internet platforms are rushing to join the carnival. They want to compete for the massive sports fans community in the country by providing a "[Metaverse](/news/article/harry-and-meghan-news-metaverse)-like" viewing experience enabled by 5G and virtual reality (VR).

[China](/news/article/china-crypto-ban)-based technology firms are reportedly developing technology to allow Chinese soccer fans to enjoy the [FIFA World Cup in the Metaverse VR](https://cointelegraph.com/news/nifty-news-chinese-firms-to-offer-world-cup-metaverse-viewings-x2y2-backtracks-on-royalties-and-more).

The efforts are part of the Chinese government's five-year plan released in early November to boost the capabilities and advancement of the local virtual reality (VR) industry.

The World Cup is being used as a testbed for the emerging tech by China's nascent VR industry. On 1 November, the country's Ministry of Industry and Information Technology and four other agencies unveiled an ambitious plan to accelerate the development of the VR industry, intending to exceed 350 billion yuan ($48.1 billion) in total industrial scale by 2026.

The plan establishes an overall goal of breakthroughs in core technologies such as three-dimensionality and improving the ecosystem so that VR can be used to promote economic development.

The stated plans do not mention whether the Metaverse will use blockchain technology, such as the one proposed by Wuhan city, which was later revised to remove any mention of non-fungible tokens ([NFTs](/news/category/nft-news)).

## Companies to broadcast World Cup VR

Chinese streaming platform Migu, a subsidiary of China Mobile, and Douyin, the Chinese TikTok, are two major firms to broadcast the event. The two streaming platforms have sub-licensed rights to broadcast live and on-demand coverage of the Qatar World Cup via VR. They will share digital coverage of the events with China Media Group, a state-owned broadcaster.

According to reports, Migu and Douyin paid a "sky-high" amount for the broadcasting rights. Only six mainland Chinese channels, including Migu China Mobile and Douyin, were permitted to broadcast World Cup matches in [Metaverse](/news/article/how-to-buy-metaverse-land) VR.

Pico, a VR headset maker owned by tech company ByteDance, announced on Monday that users could watch live World Cup broadcasts through its VR goggles. Soccer fans can invite friends to their virtual rooms to watch matches and interact with virtual anchors.



World Cup VR Viewing Offered

[Liverpool Football Club](https://www.liverpoolfc.com/) made history with the launch of its groundbreaking first official NFT collection, the LFC Heroes Club.

The team developed two types of digital collectibles to ensure that NFTs are available to all its supporters. One is a set of 24 one-of-a-kind "Legendary" NFTs. The other is a collection of generative "Hero Edition" NFTs that combine multiple player illustrations to create an exceptional digital collectable for each supporter.

The LFC Heroes Club Collection shows the Liverpool team in cartoon avatars. Holders of tokens have access to a variety of recurring benefits.

This was a huge step forward for Liverpool and the [blockchain](/news/category/blockchain-news) industry, and it's exciting to wait and watch how the NFT industry matures and grows with time.

## What is the Liverpool Football Club NFT?

Liverpool thinks technology can close the gap with its global fan base. Hence, in April 2022, Liverpool FC unveiled its first official NFT line. It claimed that the 'LFC Heroes Club' will allow supporters to become a part of an 'innovative fan community'. This included access to a community forum, one-of-a-kind experiences, virtual hangouts, tournaments, and retail discounts.

LFC Heroes is the club's charity's second-highest earner. The dynamic manager Jürgen Klopp and the team are portrayed as superheroes in the NFT collection.

The "Legendary" NFTs, made up of 24 heroes, were made available during the sale window through a live auction.

## What benefits would you have if you purchased the Liverpool FC NFT?

You can now become a part of the LFC [fan community](/news/article/music-nfts-fans-community) by purchasing an NFT. The Liverpool Football Club NFT collections have various benefits, including virtual hangouts, competitions, guest appearances, shop discounts, and a Discord chat where collectors can communicate with other members.

Half of LFC's revenues from the 'Legendary' auction go to LFC Foundation, which funds life-changing philanthropic and community programs. An extra 10% of LFC's limited edition 'Hero' sale and 10% of any future resale royalties also go to LFC Foundation.

The benefits of owning an [NFT](/news/article/apple-crypto-and-nft-rules) include access to exclusive content and merchandise and the opportunity to join the LFC Heroes Club fan community.

## Why did the Liverpool FC NFTs see substantial price drops?

The "Legendary" and "Hero Edition" digital collectables were made available for the first time during a three-day sale which ended on Friday, 1 April, 2022, at 2 pm BST. But the club's NFT launch, which appeared ambitious at first, rapidly devolved into a catastrophe, resulting in some supporters losing money, igniting intense resentment. Since just 9,000 of the 171,072 NFTs produced by Liverpool were sold in their first week of availability, the project was an abject failure.

These NFTs were the subject of a significant marketing push, with Liverpool promoting them as a fun and inventive way to celebrate being a Reds supporter. However, if you analyze their campaign, you would find that the advertising was missing one crucial component - a description of what purpose they serve.

Liverpool hasn't necessarily closed the door on a return to the NFT space.

Billy Hogan, the CEO of Liverpool, hinted during the summer that the club hadn't ruled out a return to the NFT market.

Also, Drew Crisp, senior vice president of digital marketing, media, and technology at Liverpool, acknowledged that the launch had been a bit of a learning curve.



Does Liverpool Football Club NFT Hold Value?

Manchester City has announced cryptocurrency exchange [OKX](https://www.okx.com/) as their new training kit sponsor, extending its partnership with the cryptocurrency exchange platform. 

In a multi-million-pound deal, the club named its new partner as its first "official cryptocurrency exchange partner" earlier this year, and they have moved to strengthen their relationship this summer.

The Seychelles-based cryptocurrency exchange has agreed to become the official training kit sponsor of English Premier League champions Manchester City F.C. for the 2022-23 season. The deal, worth more than $20 million, was first announced in March 2022, representing the exchange's first venture into the sports world. OKX branding will appear on both the men's and women's training kits of Manchester City. 

The agreement will bring in a "new era of disruptive fan engagement and web3-based experiences," according to the company's official blog post, with the players participating in OKX's crypto education initiatives. OKX has also commissioned street artist Akse P19 and Global Street Art Agency to create artworks featuring players.

## Aim of the Manchester City Deal

By the new agreement, OKX intends to revamp the "fan experience", providing cryptocurrency tips for trading responsibly and curating programmes to benefit the Manchester community. 

Manchester City's group chief operating officer, Roel de Vries, added that cryptocurrency exchange and Man City share values such as innovation, training, and education. 

## Uncertainty Regarding the Manchester City Deal

There is still concern and uncertainty about football clubs partnering with cryptocurrency firms like OKX, given that the sector is still, to a large extent, unregulated and their markets have been significantly declining this year. Manchester City, in the past, had to quickly terminate a deal with previous Russian-based partners MarathonBet on the front of the training kit due to Russia's invasion of Ukraine, with MarathonBet initially replacing Expo 2020 Dubai on the front of the training kit. 

For the latest crypto business news, visit [Latest Moni](/news).
 
 
 
 



OKX Partners with Manchester City

Dutch football team, PSV, has announced that it is now holding Bitcoin (BTC) on its balance sheet following partnership with Bitcoin exchange, Anycoin Direct, in August earlier this year.

## Cryptocurrencies 'Fit Well'

When the sponsorship agreement was signed, commercial director of PSV Frans Janssen said "The possibilities and the future that the world of cryptocurrency offers is very promising, as a club in the heart of the Brainport region, we are always innovating, and cryptocurrency fits well into this picture."

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Football Crypto News

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