Mission NewEnergy Limited Australian S.E.

Equities

MBT

AU000000MBT6

End-of-day quote Australian S.E. Other stock markets			5-day change	1st Jan Change
- ^AUD	-.--%		+2.86%	-.--%

2019	Pilbara Metals Group Pty Ltd cancelled the acquisition of Mission NewEnergy Limited (OTCPK:MNEL.F) in a reverse merger transaction.	CI
2019	Mission Newenergy Limited Reports Earnings Results for the Full Year Ended June 30, 2019	CI

The PlayChip Ecosystem Hits One Million Global Users as Online Gamers Seek to Embrace Cryptocurrency

August 29, 2018 at 02:40 am EDT

Sydney, Australia (ABN Newswire) - PlayChip, the Universal Gaming Token, is cementing its status as one of the most promising token sales of 2018. The PlayChip Foundation, whose token is in pre-sale until October 31, today announced that its combined user count has hit 1 million, a milestone they had initially forecasted surpassing in December.

The PlayChip Ecosystem's one million users are located across over 70 countries, with particularly high traction in India, Australia, United Kingdom, and USA. When the blockchain-enable platform goes live on December 19, each of these users will be able to easily participate in seven different online gaming platforms that include sports betting, casino games, eSports and Daily Fantasy Sports.

The success of the PlayChip is indicative of a new trend of reverse ICOs in the cryptocurrency market. Reverse-ICOs refers to existing businesses who tokenize the economy of their user base, unlike traditional token offerings that generally lack a working product and users. Following the success of the Telegram ICO, the PlayChip represents one of the first in this new wave of reverse token offerings.

"PlayChip is truly a unique token offering because while others write white papers about potential audiences and hypothetical use cases, PlayChip is well positioned with a very active global audience on multiple platforms that are already part of the PlayChip family," Luke Lombe, Head of Blockchain with PlayChip said.

"The team at PlayChip are thrilled about hitting the million-user mark earlier than expected, and we look forward to continued strong growth. We are in the middle of our pre-sale and very much focussed on delivering a quality product that surpasses the expectations of our loyal following."

The seven gaming platforms in the PlayChip ecosystem include PlayUp, DraftStars, Betting.Club, ClassicBet, TopBetta, MadBookie, and 123Bet. All players will be able to seamlessly move between platforms via the integrated PlayWallet and instantly cash out via the PlayXchange. In FY2018, these platforms are on track to exceed a turnover of US$430 million.

For more information, please visit: http://www.abnnewswire.net/lnk/BTOLO903
or read the PlayChip Whitepaper: http://abnnewswire.net/lnk/FA5N4JOW

About PlayChip

PlayChip is the Universal Gaming Token for sports betting, gaming, fantasy sports, and eSports, at the centre of an incentivised, blockchain-enabled sports community and gaming ecosystem. The PlayChip Ecosystem consists of seven independent partner platforms with more than a million users across over 70 countries. The PlayChip ecosystem is designed to be secure, scalable, simple to use, and fun, as well as include features to incorporate provable fairness into PlayChip transactions and the partnered gaming platforms, making it the gaming token of choice around the globe.

About PlayUp:

PlayUp Limited is a technology developer as well as a fully operational Fantasy Sports, Sports Betting and Online Gaming ecosystem. PlayUp Limited operates PlayUp.com, ClassicBet, Draftstars, Betting.Club, TopBetta and MadBookie. PlayUp Limited will deliver the world's first fully-integrated, blockchain enabled global fantasy sports, online sports betting and gaming ecosystem.

PlayUp Limited currently has more than 900,000 users and is represented by international sporting icons such as cricket legend, Brett Lee, who has amassed a social network of over 4 million sports fans.

PlayUp Limited currently employs 42 fulltime employees with offices in Sydney (HQ), Melbourne, Gold Coast, Darwin, Hong Kong. PlayUp Interactive Pty Ltd, a wholly owned subsidiary of PlayUp Limited, is a licensed gambling operator in Australia.

About Mission NewEnergy Limited:

Mission NewEnergy Ltd (ASX:MBT) (OTCMKTS:MNELF) is an Australian Securities Exchange ("ASX") listed company.

Source:

PlayUp
Mission NewEnergy Limited

Contact:

For editorial enquiries for PlayUp please contact 

Michael Henderson
DEC PR 
Phone +61 413 054 738 
m.henderson@decpr.com.au

Latest news about Mission NewEnergy Limited

Pilbara Metals Group Pty Ltd cancelled the acquisition of Mission NewEnergy Limited (OTCPK:MNEL.F) in a reverse merger transaction.	19-10-30	CI
Mission Newenergy Limited Reports Earnings Results for the Full Year Ended June 30, 2019	19-08-22	CI
Mission Newenergy Limited Announces Management Changes	19-07-12	CI
Pilbara Metals Group Pty Ltd entered into a heads of agreement to acquire Mission NewEnergy Limited (OTCPK:MNEL.F) in a reverse merger transaction.	19-07-11	CI
Mission Newenergy Limited Reports Earnings Results for the Half Year Ended December 31, 2018	19-02-28	CI
PlayUp Limited cancelled the acquisition of Mission NewEnergy Limited (OTCPK:MNEL.F) in a reverse merger transaction.	19-01-22	CI
Mission NewEnergy Limited Reports Consolidated Earnings Results for the Year Ended June 30, 2018	18-08-30	CI
Mission NewEnergy Limited Reports Consolidated Cash Flow Results for the Fourth Quarter and Year Ended June 30, 2018; Provides Cash Flow Guidance for the First Quarter of 2019	18-07-26	CI
PlayUp Limited signed a heads of agreement to acquire Mission NewEnergy Limited (OTCPK:MNEL.F) in a reverse merger transaction.	18-04-08	CI
Mission Newenergy Limited Announces Consolidated Earnings Results for the Six Months Ended December 31, 2017	18-02-28	CI
Mission NewEnergy Limited cancelled the acquisition of Australian Urethane Systems Pty. Limited.	18-01-18	CI
Mission NewEnergy Limited Announces Audited Consolidated Earnings Results for the Year Ended June 30, 2017	17-10-26	CI
Mission NewEnergy Limited Announces Audited Consolidated Earnings Results for the Year Ended June 30, 2017	17-08-31	CI
Mission NewEnergy Limited Announces Executive Changes	17-06-15	CI
Mission New Energy Limited Reports Consolidated Cash Flow Results for the Quarter and Nine Months Ended March 31, 2017; Provides Cash Flow Guidance for the Fourth Quarter of Fiscal 2017	17-04-18	CI
Mission NewEnergy Limited Announces Consolidated Earnings Results for the Six Months Ended December 31, 2016	17-02-28	CI
Mission NewEnergy Limited Reports Consolidated Cash Flow Results for the Second Quarter and Six Months Ended December 2016	17-01-22	CI
Mission NewEnergy Limited announced that it expects to receive AUD 17 million in funding	16-12-04	CI
Mission NewEnergy Limited entered into a heads of agreement to acquire Australian Urethane Systems Pty. Limited.	16-12-04	CI
Mission NewEnergy Limited Announces Consolidated Cash Flow Results for the Quarter Ended Sep. 30, 2016	16-10-26	CI
Mission NewEnergy Limited Announces Consolidated Earnings Results for the Year Ended June 30, 2016	16-08-31	CI
Mission Newenergy Limited Announces Cash Flow Results for the Quarter and Twelve Months Ended June 30, 2016	16-07-25	CI
Mission NewEnergy Limited Announces Consolidated Earnings Results for the Six Months Ended December 31, 2015	16-02-24	CI
Mission NewEnergy Limited Announces Cash Flow Results for the Quarter and Year to Date Ended December 31, 2015	16-01-27	CI
Mission Newenergy Limited Announces Audited Consolidated Earnings Results for the Full Year Ended June 30, 2015	15-08-31	CI

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Company Profile

Mission NewEnergy Limited is an Australia-based renewable energy company. The Company operates a biodiesel plant in Malaysia. The Company's segments include Biodiesel Refining and Corporate. The Company owns an interest in a biodiesel refinery in Malaysia, which has a nameplate capacity of approximately 250,000 tons per year. The Company's subsidiaries include Mission Biofuels Sdn Bhd and M2 Capital Sdn Bhd.

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