DEA Forms Business Alliance with Simplex, the Fiat Infrastructure Leader to enable the direct purchase of DEAPcoin(DEP) from DEA’s website
[Singapore, 23 May 2020]
Digital Entertainment Asset Pte.Ltd.(DEA), a Singapore-based blockchain entertainment company, announced that they have formed a business partnership with Simplex, an EU-licensed financial institution leading the fiat infrastructure for crypto. Simplex has built a broad, global, and secure fiat network for crypto and is now working with some of the largest exchanges such as Binance and KuCoin. DEA’s partnership with Simplex will make it easier for crypto asset DEAPcoin (DEP) to be purchased with credit card payments (VISA and MasterCard).
DEA CEO, Naohito Yoshida comments ”I am thrilled to partner with Simplex, one of the most advanced channels to purchase crypto seamlessly. By this partnership, users will have easier access to our DEP by their everyday use credit cards to purchase Digital Arts. Please check and feel the Playmining Economic Zone“
“We are pleased to join forces with DEA and enable users worldwide to enjoy fast and easy DEAPcoin onramp with the multitude of local currencies Simplex now supports” – said Ari Last, VP of Business Development at Simplex
On June 4, DEA plans to open a sales station where DEP can be purchased directly within the DEA’s service.
*DEAPcoin is not currently available for sale to residents of Japan.
DEAPcoin(DEP) | www.coingecko.com/en/coins/deapcoin
DEAPcoin is a proprietary utility token issued by DEA.
It will be available to be used on the “PlayMining Platform,” an economic zone where games and digital asset transactions are linked by blockchain technology.
Each time a game is added to the platform, the number of digital assets available for use in the game increases, allowing for the purchase of more valuable digital assets with DEAPcoin.
On April 8th 2020, DEAPcoin (DEP) was listed on OKEx, one of the world’s largest cryptocurrency exchanges. On April 30th of the same year, DEP was listed on Bithumb Global, the affiliated of Korea’s largest cryptocurrency exchange platform Bithumb. DEA plans to list its currency on more world renowned exchanges for enhanced usability.
Simplex | www.simplex.com
Simplex is an EU-licensed financial institution, providing the fiat infrastructure for the crypto industry. Simplex processes fiat-to-crypto credit card payments with a 100% guarantee – in case of a fraud chargeback, the merchant gets paid by Simplex. Simplex’s cutting-edge fraud prevention solution and state-of-the-art AI technology blocks fraudulent users and allows legitimate users to complete payments with ease, increasing conversion rates and enabling merchants to focus on their business growth.
[Sales station To be installed]
Digital Art Auction beta ver. | https://daa.playmining.com/
Digital Art Auction is a service where users can buy and trade artworks by world renowned artists.
Digital Arts that users buy can then be used to enhance game playing experiences in the games released on DEA’s digital entertainment platform, PlayMining.
First Game Release: JobTribes, a Card Battle Game | https://jobtribes.io/en/
JobTribes is an occupation themed card trading battle game.
The game’s story was written by Shin Kibayashi, one of the top six Japanese creators selected by Netflix in 2019.
Open beta version will become available globally on May 26, 2020.
Digital Entertainment Asset Pte Ltd | www.dea.sg
DEA is a Singapore based company founded in August 2018. On April 8th, 2020, the company’s originally developed cryptocurrency, DEAPcoin, was listed on OKEx. DEA also released its first game, JobTribes, a card trading battle game, as well as Digital Art Auction, a marketplace for trading digital assets. DEA’s goal is to realize a world in which people can “play to earn,” through combining blockchain technology with digital entertainment.