Casino Coin

Market size in billion U.S. dollars

Online Casino market

2010
22.87
2012
28.22
2014
34.81
2016
41.7
2018
51.96
2020
59.79

Casino Blockchain

  • Blockchain systems in the casino industry are still few and far between. However, casinos that have already made the switch to using blockchain technology benefit incredibly.
  • Famous operators, like Greentube and Lottery.com have become early adopters in the effort to help legitimise the online gambling space.
  • What they have developed is a decentralised gaming system, where the odds of the games are verifiable.
  • A Casino blockchain gives owners access to an untapped source of gamers. These gamers have been thoroughly vetted with clear KYC (know your client), giving you an entirely clear revenue stream.)
  • A Casino Blockchain will provide you with access to a simplified user onboarding process, a new incremental revenue stream, and reduced fees associated with cross-border transactions.

Our Product!

  • Our Casino Coin allows the sale and repurchase of a digital coin (Casino Coin), with the necessary eWallet (Application), and API connection to the Casino system.
  • The user will be able to purchase Casino Coins in any currency applicable to international standards and play with the then bought Casino Coins online.
  • According to today’s regulations Using Casino Coins, a casino can avoid certain restrictions and rules, as the casino does not hold the cash for third parties (banking licence).
  • The software includes a full fetched administration and control, as well as AML/KYC procedures.
  • Casino Coin gives users unprecedented speed, security, and control over their funds.
  • Casino Coin can facilitate up to a thousand per-to-peer transfers per second, with a near-instant confirmation.
  • Over a million lines of code go into our product making it 100% secure.

Our Product!

  • Our Casino Coin allows the sale and repurchase of a digital coin (Casino Coin), with the necessary eWallet (Application), and API connection to the Casino system.
  • The user will be able to purchase Casino Coins in any currency applicable to international standards and play with the then bought Casino Coins online.
  • According to today’s regulations Using Casino Coins, a casino can avoid certain restrictions and rules, as the casino does not hold the cash for third parties (banking licence).
  • The software includes a full fetched administration and control, as well as AML/KYC procedures.
  • Casino Coin gives users unprecedented speed, security, and control over their funds.
  • Casino Coin can facilitate up to a thousand per-to-peer transfers per second, with a near-instant confirmation.
  • Over a million lines of code go into our product making it 100% secure.

The benefits of our product!

  • Meagre fees. Fees are typically 10% of the current fee structure. More of your money goes to play.
  • Instant deposits from users who hit your site with pre-verified KYC, and complete visibility into the flow of funds.
  • No chargebacks!
  • Cryptocurrency users are a prime audience, 18-35 with typically high net worth.
  • No payment providers and far fewer internal personnel needed.
  • Blockchain technology allows vastly improved transaction speeds over traditional deposits and withdrawals. Usually, a withdrawal from an online gambling website may take between 3-5 days. However, Blockchain makes these activities nearly instantaneous.
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Technical Details

  • a:  We use a popular, open-source blockchain platform
  • b:  A blockchain is a distributed, secure, immutable, verifiable transaction log.  That is all it is.   Applications built on-top of the blockchain provide for creating those transactions. 
  • c:  We can create a new blockchain on at least 3 nodes using a coin name that the customer defines, and up to 1 flat currency.  i.e:  EUR, CAD, USD, RUB, …   
  • e:  We use a weighted round-robin trust mechanism for validating blocks. so there is no proof-of-work requirement. 
  • f:  Blockchains can be private, where you can control which nodes can connect.
  • g:  Blockchain administrators can issue more coin for distribution or remove coin from distribution at any time.  To remove coin from distribution those coins must have been transferred to a central account.
  • h:  When modeling transactions in flat currency, we can log the exchange of flat currency for coin, along with deposits and withdrawals of flat currency.
  • i:  Multiple applications can be connected to a single blockchain, with an authorization mechanism.
  • j:  We provide a thorough, secure REST API for building applications on top of the blockchain (YourCoin-REST). 
  • k:  We allow basic metadata to be attached to every coin transfer, that can later be reviewed
  • l:  We use a popular, secure open-source application platform as our base for our exchange platform
  • m:  We provide a web based exchange platform that is secure, mobile-ready, extremely brandable, customizable, translatable, and speedy.
  • n:  The exchange platform provides extensive abilities for KYC, and GDPR management
  • o:  The exchange platform provides for extensive user and transaction administration and management.
  • p:  The exchange platform provides users the ability to optionally trade coins with a powerful automatic trading engine.
  • q:  We have a flexible mechanism to allow users to transfer funds or buy coins using a third party payment gateway such as Paypal.  (More custom development may be required).
  • r:  We have a flexible and extendible fee mechanism, allowing fees to be taken off of user deposits, or withdrawals.
  • s:  Users can transfer coin to other users, or use coin to pay for goods and services through authorized vendors and more…