Bitbank Entertainment, Inc. releases FiKNOTS, a GameFi scholarship matching platform.

We are pleased to announce Bitbank Entertainment, Inc. (headquartered in Shinagawa, Tokyo, Japan; CEO: Toshiki Tanaka) has officially launched FiKNOTS, a GameFi scholarship matching platform.

Bitbank Entertainment, Inc. is a wholly owned subsidiary of bitbank, inc. (also headquartered in Shinagawa, Tokyo, Japan; CEO: Noriyuki Hirosue). bitbank, inc. operates ‘bitbank’, one of the largest Japanese crypto asset exchange in the country.

*Note: ‘GameFi’ is a portmanteau that combines elements of DeFi (decentralized finance) and gaming. It refers to blockchain-based games that incorporate financial activities.”

**Note: ‘Scholarship’ is a popular practice in GameFi titles where NFT owners (managers) lend their NFTs or game accounts to other players (scholars) and earn passively from battle rewards. The term “scholarship” was introduced by a game called Axie Infinity, a leading blockchain game.

■ FiKNOTS Overview
FiKNOTS is a platform that allows gamers to find GameFi scholarships. Gamers can find their best partners for GameFi scholarships through FiKNOTS.

FiKNOTS efficiently matches managers and scholars who want to take advantage of GameFi’s scholarship program and helps them visualize and accumulate their achievements and rewards.

Available in four languages including English and Japanese, FiKNOTS currently supports scholarship matching for Axie infinity, the first game to introduce GameFi’s scholarship system.

FiKNOTS will continue to develop more features and support additional game titles for gamers in more countries and regions.

■ Bitbank Entertainment, Inc.
Bitbank Entertainment, Inc., a wholly owned subsidiary of bitbank, inc., is the main endorser of the FiKNOTS project.

Company name: Bitbank Entertainment, Inc.
Service URL: https://fiknots.io/
CEO: Toshiki Tanaka
Address: 141-0031 7th floor, KDX Nishigotanda Building, 7-20-9 Nishigotanda, Shinagawa, Tokyo, Japan
Date of establishment: May, 2022

■ About bitbank, inc.
bitbank was founded in May 2014 for the steady spread of crypto assets such as Bitcoin. In July 2015, bitbank launched a bitcoin futures exchange, called bitbank Trade (until April 2019) for the first time in Japan of this kind of service. In March 2017, bitbank launched the crypto asset spot trading exchange “bitbank.cc” and is growing as the largest exchange by its spot trading volume. The founder, Noriyuki Hirosue, also has some other leading roles of essential organizations in the industry such as the director of Japan Virtual and Crypto assets Exchange Association (Self-Regulatory Organization), and the chairman of Japan Cryptocurrency Business Association.

Company name: bitbank, inc.
Service URL: https://bitbank.cc/
CEO: Noriyuki Hirosue
Address: 141-0031 7th floor, KDX Nishigotanda Building, 7-20-9 Nishigotanda, Shinagawa, Tokyo, Japan
Date of establishment: May 7th, 2014
Initial capital: 8,647.21 million JPY (Incl. capital reserves)

Business description:
Crypto asset (cryptocurrency) related services
Registered crypto asset exchange operator, Registration No. 00004, issued by the Director of the Kanto Local Finance Bureau

Memberships:
Japan Virtual and Crypto assets Exchange Association (JVCEA)
Japan Crypto Asset Business Association (JCBA)

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