San Francisco, USA, December 13, 2022, Chainwire
Azarus will host a main stream in association with Animoca Brands at 7am UTC on Wednesday, December 14 (11pm PST on Tuesday, December 13) to reveal the impending listing on uniswap of AzaCoin, an ERC-20 token on the Ethereum Mainnet, to be listed on Uniswap on January 11, 2023.
Founded in 2018, Azarus has been proving that “broadcast is not TV” through its highly engaging overlay games. With Azarus, streamers run interactive games on their streams to play in real time with their entire audience, sponsored by brands. Overlay Games has generated more than 4 million hours of viewing, distributing $2 million in prizes in the form of loyalty points redeemable in the Azarus Store.
Azarus is moving towards a crypto-native rewards program, which will expose millions of loyal players to the benefits of true digital ownership. Azarus is upgrading its AZA Points into a native crypto token, AzaCoin, giving Azarus holders ownership of the value of their care and commitment. AzaCoin will serve as a utility and governance token with the following benefits to the ecosystem:
- For Streamers: Get immediate access to your earnings with AzaCoins. Host game sessions using your channel’s community wallet. Get your community involved by voting.
- For Streaming Communities: Get full ownership of your rewards as AzaCoin is distributed directly to a winner’s crypto wallet offering full control to redeem prizes, instantly bid and buy on streams or buy digital assets on the Azarus Marketplace
- For Brands: Run and sponsor games for streamers who use Azarus as part of their programming.
This shared desire to participate in the Azarus ecosystem creates a mutually beneficial opportunity as stakeholder incentives align, amplifying the value of the token.
“Azarus has been built on blockchain since the early days, with a vision to realize the true nature of broadcasts as a distributed digital arena,” said founder Alex Cassassovici. “The inclusion of AzaCoin today brings us one step closer to this vision, aligning the incentives of all stakeholders and giving fans real ownership of the rewards they earn by playing the stream.”
“We believe Azarus will bring web3 to millions of new users,” Animoca Brands founder Yat Siu wrote. “Since our initial investment, we have been continually impressed by Alex’s leadership in transforming the streaming medium into web3 that has already rewarded millions of gamers with millions of dollars. We are beyond excited for the future of Azarus and are proud investors and partners.”
AzaCoin holders will have the option to stake their token for 3 months after winning them in exchange for receiving a percentage return. As a governance token, AzaCoin allows viewers to vote on the use of AzaCoins in the community wallet to impact the lifecycle of Azarus Games on their preferred stream. For more information about the token, go to azarus.io/azacoin.
Viewers can head over to any Azarus-enabled stream to start playing Azarus Games alongside their favorite creators and other audience members. When you answer trivia questions correctly, you will earn AzaCoins. Viewers can join the main stream at 7 am UTC on Wednesday, December 14 for a chance to win AzaCoins and learn about the token release roadmap.
Azarus is the pioneer of Overlay Games, a new form of casual gaming that overlays broadcasts. Overlay games are massively multiplayer, simple, fun, and rewarding. Azarus offers the first platform that provides an environment to create, distribute and monetize overlay games on any stream. Overlay Games gathers massive live audiences, revealing the true nature of broadcasting as an interactive medium, supporting the company’s vision that “Broadcasting is not TV.”