Tag: Token

Why Rollblock Could Be the Best iGaming Investment of 2024

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Using its innovative capacity to shake up the iGaming industry, Rollblock (RBLK) has quickly become a dominant player in the crazy world of similar and competing digital assets. Its innovative blockchain technology, in conjunction with the rapidly growing industry for online casinos, has been attracting the interest of both investors and players. This could just be the beginning.

GambleFi, the company’s token model, is where it all begins. More than 150 casino games are available on the site, which also provides customers with a gaming experience that is both transparent and safe, thanks to the use of blockchain technology. By doing so, we solve one of the main issues with online gambling and make sure that all transactions are secure and trustworthy.

The ability to play games anonymously and without interruption is a major selling point of Rollblock. Users can register with only an email address or cryptocurrency wallet, in contrast to the lengthy Know Your Customer (KYC) verification required by conventional online casinos. In addition to streamlining the onboarding process, this KYC-free method ensures the privacy and protection of users’ data.

And it only gets better. The company has used a novel revenue-share model to boost participation and profitability among investors. Token holders get up to 30% of Rollblock Casino’s daily revenue, while the remaining 70% is burned on the open market. Over time, the value of RBLK tokens increases due to the deflationary process that decreases the token supply.

A Solid Foundation

As the Rollblock presale enters its fourth round, its price has risen to $0.017, a clear indication of its increasing demand. According to analysts, Rollblock’s price has the potential to surge 800% by the end of the presale stage, and even 100 times on launch day.

Rollblock’s distinct strategy distinguishes it from other market participants, even while Polkadot (DOT) faces difficulties and Solana (SOL) enjoys a robust surge. The deflationary strategy and limited token supply put it in a strong position for growth, and it might end up outpacing popular Layer 2 solutions like Optimism (OP) and Polygon (MATIC).

As per recent projections, the iGaming business will be worth $450 billion by 2022, and Rollblock is in a prime position to corner a sizable portion of it. For those looking for a community-based token that also lets you play house and generates extra cash, Rollblock is a great option thanks to its sharing and buy-back features, which provide users and investors with more than simply an online casino.

Rivalry Expands into Crypto Gambling with Rivalry Token Announcement

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Rivalry, a leading operator in the iGaming and sports betting sectors, recently announced the upcoming debut of Rivalry Token, its native blockchain cryptocurrency. The Toronto-based business believes that this unique initiative would provide “increased functionality, economics, and user experiences across the company’s product suite.”

Launch Details

When it launches in the second half of 2024, the Rivalry Token will be fully integrated with all of Rivalry’s products, including its sportsbook, casino, and more. The end-to-end customer experience will be enhanced by the token’s built-in features.

Some of the ways users may earn tokens on the platform include betting and friend referrals. Players may use these tokens to do a lot of cool stuff on Rivalry, including increasing their chances of winning and entering jackpots. Furthermore, Rivalry Token will be available for trade on cryptocurrency exchanges as $RVLRY.

The news came with the official launch of Rivalry’s pre-farming campaign, where users may start earning an interim currency via site engagement and social media. This money will then be turned into Rivalry Token at the token generation event in H2 2024. Furthermore, all Rivalry accounts will be rewarded with tokens according to their past activity, giving players who missed out a chance to reactivate and rewarding returning customers.

“Rivalry is well-positioned to access the growth opportunity in crypto with a proven product set, a brand entrenched in internet culture, and a captive audience of digitally native users that are driving this economic renaissance.”

Steven Salz, Co-Founder and CEO, Rivalry

With the exception of Ontario and Australia, all of Rivalry’s active markets will have access to Rivalry Token after its official launch. Over the next few months, the firm will disclose further details on Rivalry Token, such as its business partners, token economics, and more.

Further Expansion Plans

Users will soon be able to wager using Bitcoin, Ethereum, Dogecoin, and other prominent cryptocurrencies thanks to Rivalry’s plans to expand its platform’s support for additional cryptocurrencies. This opens the door for the company to have even more access to the rapidly growing crypto betting market, which is thought to constitute as much as 25% of the world’s total betting volume.

Betting handle, gross gaming revenue, and net revenue all increased sequentially in the first quarter, according to Rivalry Co-Founder and CEO Steven Salz, who said that the firm was back on track to expand. Compared to the average levels observed throughout 2023, he said, the record-high net sales margin obtained during the quarter proved the efficiency of their plan. Salz also brought up the fact that Rivalry’s original casino content is becoming more popular, which is leading to new business-to-business income prospects that the firm intends to explore soon.

Coco’s Unique Crypto Casino Breaks New Ground in the World of Online Gambling

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Cryptocurrency is an ever-evolving industry where cutting-edge platforms are continually pushing boundaries. Coco, one of the newest crypto casinos, has taken the industry by storm, processing $36 million in transactions in its first 12 hours of operation. This success may be credited to the platform’s one-of-a-kind services, one of which is a native token known as COCO. Since it was first listed, the price of COCO has skyrocketed by more than 1,200%, making it one of the most successful cryptocurrencies in history.

As the cryptocurrency market as a whole struggles with lackluster volatility, investors have been on the lookout for new profit opportunities. To meet this demand, Coco’s casino has integrated the Ethereum blockchain to provide a spectacular on-chain betting experience.

Great Defining Offerings

One of its features is a slot machine that was modeled after Milady NFTs, and it also has a machine that is devoted to two popular meme coins: pepe (PEPE) and dogecoin (DOGE).

Coco takes pride in being able to demonstrate that it is a “provably fair” casino, which differentiates it from other casinos in the industry. Using the extremely secure SHA256 method, each game generates a seed and transmits its hash. Players may be confident that their funds will be handled honestly and securely since the platform generates a new seed before each game to verify the authenticity of all transactions.

Another Fad or A Truly Disruptive Force

There is no denying the effect Coco’s introduction has had on the industry. Data from etherscan shows that in only the first 12 hours after becoming up, the casino processed transactions totaling $36 million. Moreover, the original listing price of the COCO native token was less than $0.007; nevertheless, it has since surged to 8 cents, which has resulted in an amazing market capitalization of $8.8 million.

Not only has Coco gained attention, but there are other crypto casinos as well. Real hamster races on the blockchain platform Hamsters.gg have also attracted the interest of the cryptocurrency trading community. Bets on the platform are accepted in Binance’s own currency, BUSD, which is tied to the US dollar, and may be placed using Ethereum or BNB Chain tokens.

It is no surprise that as Bitcoin and Ethereum grow in popularity, more and more gaming sites are beginning to support these virtual currencies. Still, the new cats in the sector are definitely demanding attention as well.

Web3 Technology Meets Gambling with Chancer

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The huge hype about the Chancer presage is sure to astound crypto gamers. Over 38 million tokens were snapped up in a couple of days, making this token sale a phenomenon in the world of online gambling.

So, what exactly is the big deal?

Chancer is not your average gambling website. It is aimed at being a game-changer in the world of online gambling since it promises to revolutionize the way we wager.

Chancer is built on a foundation of decentralization. In their place, a system that puts power back in the hands of gamblers like us will rise to prominence. Chancer provides a platform for personalized staking and payouts based on smart contracts, which together provide for an exciting and interactive social setting.

Chancer is unique since it proposes a decentralized prediction market. By using blockchain technology, Chancer removes the opaqueness and lack of confidence associated with conventional centralized bookies. Every one of us has the option to set personal prediction markets, where we can place wagers on everything from exciting sporting events to casual wagers with our friends and family.

There is more, however. You may use the P2P Chancer platform for either entertainment or to earn money. It guarantees a safe and entertaining betting experience thanks to thorough auditing and compatibility with Google’s WebRTC.

The Chancer Token

The Chancer token is at the center of all these plans. To participate in the platform’s prediction market and make bets, one needs to get this token. It functions as the de facto standard currency, making it possible to do business in a streamlined and effective manner. And the greatest thing is… At its current presale price of $0.01, the Chancer token presents an exciting opportunity for early investors.

The beta release of Chancer is expected in the third quarter of 2023, although the development process will continue beyond that point. The roadmap shows that work is continuing on product development with the end goal of implementing Filecoin data storage, introducing quadratic governance, and reaching complete decentralization. The gaming business might see dramatic changes thanks to this ambitious endeavor, and those who get in early could be on the cutting edge of these changes.

The overall direction of the Chancer roadmap indicates that significant progress will be made on the project. Boosted investor sentiment and token demand might set off a positive trend that lines up with the market’s expectations for a rising price cycle.

NFT-Powered Gaming Platform Kryptomon Raises $10 Million

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Kryptomon has completed a Series A investment round, which was led by NFX and resulted in the firm raising a total of $10 million. The current value of the company is $50 million. In addition to that, it received extra backing from PLAYSTUDIOS, Griffin Gaming Partners, Tal Ventures, and Vikram Pandit, who had previously served as CEO of Citigroup.

The play-to-earn (P2E) platform is a non-fungible token (NFT) game that was established in April 2021 by Umberto Canessa. It is a hybrid of the gameplay of traditional video games like Pokémon and Tamagotchi with the ownership features of prominent non-fungible token projects such as CryptoKitties.

How It Works

Collectible NFT animals with unique, variable genetic qualities are brought to life in the play-and-earn game by drawing influence from classic games. While exploring the vast mythology of Kryptomon’s Metaverse ecology, users may breed, grow, and fight other players’ unique monsters in multiplayer battles.

Monthly augmented reality “Treasure Hunt” events are also a part of this experience. Players may earn NFT eggs, KMON tokens, and other in-game objects by exploring the world around them with the innovative move-to-earn feature.

Big Boost

The listing is about to make things even better. Users of Kryptomon may now get immediate access to a variety of useful features in the game’s other realm. Bybit is a one-stop crypto destination for the expanding Kryptomon community, making it simple to buy KMON tokens, which power all aspects of the Kryptomon play-and-earn experience.

In addition to the treasure hunts and in-game possibilities to earn KMON, the token listing provides a head-start for gamers who want to expand their Kryptomon roster.

“Our game and Metaverse are nothing without our community, and having our token listed on a renowned platform allows us to develop an even greater and more rewarding experience for the next generation of players while expanding our international community.”

Umberto Canessa Cerchi, Co-Founder and CEO of Kryptomon.

Cryptocurrency trading and exchanging is made simple with Bybit’s revolutionary, highly sophisticated, and user-friendly platform. Bybit’s best-in-class infrastructure ensures the safest, quickest, fairest, and most transparent trading experience in the market.

A company founded on customer-centric ideals, Bybit is dedicated to helping cryptocurrency enthusiasts realize their aspirations and gain their liberation. This makes it a great partner for Kryptomon’s ambitious expansion plans.

Cashio Unveils Semi-Decentralized Blockchain Casino

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The world of crypto betting just got yet another boost thanks to a recent addition. Cashio, a new entrant into the sector, is making quite the debut by launching a semi-decentralized casino. This will not only offer customers a way of enjoying their favorite casino games but also give them the opportunity to profit via Cashio token.

A Revolutionary Gambling Offering

The gambling operator has recently detailed its plans for a revolutionary casino experience. As it stands, the company is developing some special decentralized games that will alter the casino as we know. Still, the target audience for this amazing product is mostly people who gamble crypto. That is already a pretty huge number.

According to the company, the goal is to integrate the gambling and NFT industries in a manner that allows investors to get a piece of the casino revenue. That is, of course, when the token price eventually rises to increased demand. Cashio has further committed to distributing the retained profits to the token holders. It will also be accumulating a massive amount into its Jackpot contract.

How It Works

Cashio’s Jackpot contract will gather BNB from the Casino earnings and from every buy/sell fees. It will then be deployed as a Lotto game. This Jackpot amount will then first be bought as Cashio Tokens thus boosting the price to the limits. As a result, the winner will receive their loot and the increase in the token’s value will reward Cashio Token holders in the process.

The operator will also be adding a 3-tier system where the rewards will be distributed to the token’s investors accordingly to their Holdings. This reward pool relies on Casino earnings and Cashio Token transactions. All the investors will not only be able to claim their rewards but also track all the useful information on the site’s Earnings Dashboard. More detail on this aspect is available on the operator’s whitepaper.

Is It Viable?

Well, the crypto and gambling spaces are always filled with new and interesting innovations. A good number of them are thriving or are at least headed there. Some do not make it due to several factors. As for Cashio, it is early on in its growth and it is hard to foreshadow where it will be a year or so from now.

Still, the casino operator has some solid ideas that could take off especially if crypto gamblers get on board. The innovative features will certainly make online gambling even more exciting than it already is.