NoLimitCoin (NLC)
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Greenlite Ventures Provides Corporate Update and Highlights Blockchain Expansion to Coinbase's Base Chain
Accessnewswire· 2025-12-29 14:28
Core Insights - Greenlite Ventures, Inc. has launched a blockchain-enabled Daily Fantasy Sports (DFS) platform at the start of the 2025 NFL season and provided updates on its multichain crypto token, NoLimitCoin (NLC) [1][2] Group 1: Platform and Technology - The DFS platform integrates blockchain technology through NoLimitCoin (NLC), which operates across Ethereum-compatible networks including Binance Smart Chain and Polygon, with an expansion to Base Chain planned for Q1 2026 [2][3] - The anticipated expansion to Base is expected to enhance accessibility, scalability, and transaction efficiency for users of platforms that integrate NLC, improving user experience for blockchain-enabled applications [3] - Greenlite's DFS platform is the first product within the No Limit ecosystem, which aims to combine traditional online platforms with decentralized blockchain infrastructure, allowing users to retain custody of their assets [4] Group 2: Future Developments and Strategy - Greenlite Ventures holds a significant allocation of NoLimitCoin tokens for platform usage and future growth initiatives, including a decentralized sports betting exchange and a decentralized crypto exchange [5] - The company emphasizes compliance with regulatory requirements through comprehensive KYC and geofencing measures for its platforms, which are designed to support both U.S. and international regulations [5] - The DFS market exceeds $10 billion, global sports betting surpasses $100 billion annually, and crypto exchanges process tens of billions of dollars in daily trading volume, indicating a substantial market opportunity for Greenlite's platforms [6] Group 3: Company Vision and Market Position - Greenlite Ventures positions itself at the intersection of sports, blockchain, and advanced technology, aiming to bridge traditional gaming models with decentralized financial infrastructure [7] - The company's platforms are designed for multi-chain and multi-token compatibility, including white-label deployments for third-party operators, enhancing network interoperability and user choice [6]