Cryptocurrency

Navigating Bitcoin’s Impact: SOFTSWISS’ iGaming Industry Overview

May 17, 2024 Published by EuropeanGaming.eu

Reading Time: 4 minutes

In March 2024, Bitcoin soared to a historical high, nearing 70,000 euro per coin. How does this impact the iGaming market? Being a tech company with over 15 years of experience and an innovator in crypto iGaming software development, SOFTSWISS shares anticipations in its quarterly crypto analysis.

Over 220 brands powered by the company engaged in crypto transactions during the first quarter of 2024, which is 12% higher than the previous quarter. SOFTSWISS experts analyse the data gathered from crypto-friendly brands by employing extrapolation, comparative, and correlative analysis.

iGaming Market Overview: Unveiling Anticipated Growth

The size of the global online gambling and sports betting industry is expected to rise significantly and exceed 170 billion euro by 2032, according to Statista. Based on SOFTSWISS data, the iGaming market has demonstrated a stable pattern of growth year after year.

In absolute terms in euro, the Total Bet Sum grew by 5.8% in the first quarter of the year compared to the last quarter of 2023. Analysing the year-on-year increase, comparing Q1’24 with Q1’23, the growth is more impressive, showcasing a 47.2% boost.

Simultaneously, the Total Bet Count, both fiat and crypto, displayed a slightly larger gain in the first quarter of 2024 compared to the previous quarter, surpassing 6.1%. The indicator’s year-on-year boost is much more notable, revealing a 57.2% increase.

The popularity of iGaming in recent years has been fuelled by its global reach and accessibility due to constant technological advancements. On one hand, the quality of internet connectivity continues to rise, while on the other, new payment methods are emerging, simplifying payment procedures.

The in-depth quarterly analysis, ongoing since the beginning of 2022, reveals that fiat bets are undergoing more substantial growth compared to crypto bets. In Q1’24, the Fiat Bet Sum increased by 6.9% compared to Q4’23, while the rise of Crypto Bet Sum was at 2.4%.

The more active growth of fiat bets led to a slight decrease in the share of crypto. In the first quarter of 2024, the crypto share in the Total Bets Sum settled at 24.4%, decreasing by 0.8 percentage points (p.p) compared to the last quarter of 2023.

What is the State of Crypto in iGaming?

Analysing crypto bets, it is crucial to highlight that almost 93% of them are facilitated through the in-game currency conversion tool, which is gaining traction. This mechanism allows operators to engage players with cryptocurrency assets in games initially tailored for fiat only. Operators that adopt such options are gaining more competitive advantages in the market.

While the Q1’2024 Crypto Bet Sum shows a moderate 2.4% growth compared to the previous quarter, the year-on-year analysis demonstrates a 20.8% increase. The Crypto Bet Count remained unchanged in Q1’24 compared to the previous quarter’s indicator. Simultaneously, the metric increased by 21.3% year-on-year. The figures speak volumes, showcasing a consistent interest among players in crypto gaming.

“The lack of a substantial increase in the number of crypto bets during Q1’24 can be partly attributed to the significant rise of the Bitcoin exchange rate during this period, leading players to be more cautious with their crypto bets. This trend mirrors the situation in the first quarter of the previous year when the Bitcoin exchange rate surged following a decline at the end of 2022,” comments Vitali Matsukevich, Chief Operating Officer at SOFTSWISS.

What Distinguishes the Average Crypto Bet?

The average crypto bet increased to 1.71 euro in the first quarter of the year from 1.66 euro in the last quarter of 2023. This growth correlates with a significant strengthening of the Bitcoin rate during the first quarter of 2024.

The average fiat bet remained steady at around 0.81 euro in Q1’24 and Q4’23. The average total bet stayed constant since the second half of the previous year and is equal to 0.93 euro.

Notably, the average crypto bet is double that of fiat. This indicates that digital currencies are preferred by higher-income players.

Why Did Bitcoin’s Share Drop?

The Top Five most operated digital coins in iGaming have remained stable during the last two years with minor changes in ranking order. The top still includes Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether.

In Q1 2024, Bitcoin experienced a significant decline of 9.4 p.p. compared to Q4 2023. This could be attributed to the bolstering Bitcoin exchange rate and players exercising a more cautious approach towards it.

In contrast, the shares of other digital coins have increased. Ethereum and Litecoin showed growth of 4.0 p.p. and 3.8 p.p., respectively, during the same period. Simultaneously, Dogecoin rose to fourth place in the ranking, leaving Tether behind.

Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, summarises: “The benefits of employing digital currencies, such as fast transactions and anonymity, still attract many players. Embracing cryptocurrencies in iGaming can boost operator profits despite their volatile nature.

As the Bitcoin rate is expected to strengthen after the Bitcoin Halving, the average crypto bet and projected gains may see a notable impact. During such promising times, it is crucial to have reliable and experienced partners to navigate the path to success.”

About SOFTSWISS

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

The post Navigating Bitcoin’s Impact: SOFTSWISS’ iGaming Industry Overview appeared first on European Gaming Industry News.

Payhound empowers LSports with a seamless solution to receive payments

April 22, 2024 Published by EuropeanGaming.eu

Reading Time: < 1 minute

Fintech crypto company Payhound has been facilitating leading data provider LSports to accept payments from its clients.

As the premier data provider, LSports offers real-time sports data, providing operators with a competitive edge in the sports betting saturated market. By using Payhound’s solution, LSports can conveniently receive payments from its clients, significantly enhancing operational efficiency.

Established in 2018, Payhound’s mission is to enable businesses to handle cryptocurrencies with the same ease, security, and transparency as dealing with fiat currency. Through crypto, Payhound offers fast and efficient international payments, with security being a fundamental principle in all its operations.

Commenting on the partnership, a spokesperson for LSports stated: “Partnering with Payhound to optimize our payment solutions signifies a significant advancement in our global business strategy. This collaboration enables us to conduct transactions swiftly and securely, further bolstering our position as a premier data provider in the industry.”

Elton Dimech, Managing Director at Payhound, added: “We are delighted to service LSports.Through our platform, clients like LSports can easily receive payments, have such funds instantly converted into fiat, and as a result, greatly improve their operations and availability of funds. We look forward to continuing to be their reliable crypto partner in the future.”

Payhound is licensed by the Malta Financial Services Authority (MFSA) and is a holder of a Class 3 VFA License under the Virtual Financial Assets Act of 2018. The company has recently revealed its achievement of ISO 27001 certification for the second consecutive year.

The post Payhound empowers LSports with a seamless solution to receive payments appeared first on European Gaming Industry News.

After Crossing 100,000 Active Users, Hypeloot.com Announces The Launch of Its Utility Token $HPLT

January 23, 2024 Published by EuropeanGaming.eu

Reading Time: 3 minutes

Hypeloot was established in 2022 and has processed over 50 million bets for over 100.000 Users worldwide, being one of the fastest growing Cryptocurrency casinos, releasing new game modes almost every week and a recent surge in growth which is likely to accelerate.

Hypeloot Originals cross 50 million bets mark

With new game mode additions, the number of daily bets and also bets placed per user is increasing by the day. Hypeloot adds some of the most popular Casino games but is also not afraid to add an innovative touch to the platform by developing new games that are gaining a lot of popularity, for example, the Plinko game with a 100.000X multiplier, making it the first-ever Plinko game with this high of a multiplier which is not only something innovative for the Gambling industry but also a great marketing tool as users always try to chase high multipliers.

Hypeloot .com profit share with $HPLT holders

All $HPLT holders will indirectly profit from the rampant Hypeloot .com growth and its already increasing profitability via daily buyback & burn events. Hypeloot profits will automatically go towards purchasing $HPLT tokens on the open market and burning them right after – on a daily basis!

The Hypeloot $HPLT Token

The $HPLT Presale will start the 1st of February at 15:00 UTC directly on presale.Hypeloot .com, the presale is split into different stages in which the first investors get the cheapest possible price and are also eligible for the Hype NFTs which will be tradable right on token launch. 40% Of the total supply will go towards Presale contributors, rest is split between liquidity, marketing, team, airdrops and more. All Team tokens will be locked and vested on a transparent level.

Fueling The Hypeloot Ecosystem

Hypeloot is one of the only Crypto casinos offering Fiat payment gateways and all major payment providers making it easy for every user. On top of that, Hypeloot also currently offers all major Cryptocurrencies for deposits and withdrawals. All Games are 100% provably fair with an open and transparent guide on how to check each roll, the EOS and Chainlink Blockchain hashes are being used to generate 100% randomness.

Hype NFTs

Hype NFTs are the official NFTs of Hypeloot .com ($HPLT), it will initially only be available to presale contributors, on launch, these NFTs can then be traded, bought, sold and used on Hypeloot .com for free bets, staking pools, increased rakeback and much more. These NFTs are strictly limited and will not be minted more than the given supply.

Hypeloot .com Numbers and Outlook

Hypeloot has generated over $1 Million in revenue in 2023, given that regular slot and live casino games will be added soon, it is expected to have a significant surge in the coming weeks as this is anticipated by a lot of current users, this new addition also open the door to a lot of new user acquisition as well as higher profit per user given all the new game modes.

Dive Deep into Crypto: SOFTSWISS and Next.io Launch Crypto Series of Podcasts

January 20, 2024 Published by EuropeanGaming.eu

Reading Time: 2 minutes

How do crypto players deal with volatility? Does implementing crypto technologies simplify cyber-attacks? How will crypto tools change the iGaming industry? Addressing these and more, SOFTSWISS, an international software supplier, and Next.io, a well-known events and media company, have joined forces to launch the Next.io Crypto Series.

Despite the prejudice, according to the SOFTSWISS State of Crypto, during the first three quarters of 2023, crypto bets experienced 18.7% monetary growth compared to the same period in 2022. The four-episode podcast journey will provide more valuable insights into cryptocurrencies in iGaming.

During each episode, Pierre Lindh, Co-Founder and Managing Director of Next.io and the podcast host, and an invited expert, will cover a particular aspect of the topic. The first episode aims to shed light on the history and evolution of crypto gambling, while the second episode will dive into the specifics of launching a crypto project. In the third episode, experts will discuss behaviours of crypto players, and the final episode will focus on the future of crypto tools.

The Next.io Crypto Series will kick off on 31 January with its first episode, “Evolution of Crypto in iGaming”, featuring Ivan Montik, Founder of SOFTSWISS, as a special guest. Listeners can expect a captivating journey through the evolution of crypto, stories about the first crypto project launches, challenges the pioneers overcame, and discussions on such vital topics as cyber security.

Andrey Starovoitov, Co-CEO at SOFTSWISS, comments: “In 2013, SOFTSWISS made a historic introduction of a Bitcoin-optimised online casino solution. In 2024, celebrating our 15th anniversary, we still see the enduring relevance and massive potential of crypto solutions for iGaming. Nowadays, a project without crypto support loses a broad audience and the image of a top-notch product, not to mention additional regulatory freedom. I am delighted to announce the launch of the podcast series, full of valuable information and capturing stories.”

Pierre Lindh comments: “We are grateful for SOFTSWISS’ willingness to share their insights and success stories related to the integration of cryptocurrency in iGaming. This technology is rapidly emerging as a foundational element within our industry. It is crucial, therefore, that we initiate meaningful dialogues to fully comprehend how this technology can be leveraged to positively transform and shape the future of our sector.”

Listeners can tune in to the Next.io Crypto Series on popular platforms such as Spotify, Apple Podcasts, YouTube, and LinkedIn, making it easily accessible to a wide audience.

About SOFTSWISS

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

Roobet Celebrates Nippon Baseball Championship with $1,000,000 Free-to-Play Contest

October 30, 2023 Published by EuropeanGaming.eu

Reading Time: 2 minutes

Roobet, the pioneering entertainment company and next-generation crypto brand, is thrilled to announce its official launch in the Japanese market.

This exciting expansion coincides with the highly anticipated season opening of the Nippon Professional Baseball League (NPB) on October 28. As the season kicks off, Roobet is ready to bring a fresh wave of innovation and excitement to Japanese sports and esports enthusiasts.

To celebrate, Roobet is hosting a $1,000,000 Pick’em contest on Roobet Picks, the company’s free-to-play platform. Baseball and esports fans can participate to test their sports knowledge, make predictions, and compete for life-changing prizes – at no cost, other than perhaps a bruised ego.

The Roobet brand has a proven commitment to fostering crypto and web3 innovations, curating a strong sense of community empowered by competitive connections, and leveraging cutting-edge technologies to make experiences seamless and fun. Roobet.fun, as a pillar brand, exemplifies this mission by providing a player-centric, free-to-play experience on an immersive and secure platform.

A Roobet spokesperson stated: “We couldn’t be more excited to bring Roobet to Japan! Japan has a rich gaming and esports culture, and we’re here to pioneer completely new ways for Japanese fans to engage with their favorite sports and esports. Our $1,000,000 Pick’em contest is just the beginning of what we have in store for our friends all across the world – get ready!”

The million-dollar Pick’em contest is set to become a highlight in the Japanese gaming calendar, but Roobet Picks has more to offer – with a wide array of predictor quizzes covering various competitive sports globally, including the Nippon Professional Baseball League (NPB), the US’ National Football League (NFL), Ultimate Fighting Championship (UFC), boxing, the English Premier League (EPL), and esports such as the Roobet Cup and a Daily Game, with more leagues and competitions to be added soon.

With Roobet.fun catering to those trying out crypto or simply enjoying free-to-play games, and Roobet.com continuing its industry-leading innovation in the crypto gaming space, the Roobet brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming.

*Roobet.fun is available in Japan and worldwide except the United Kingdom, Australia, North Korea, Ukraine, Romania, Serbia, India, Philippines, Malta, and Iran, and in all US states and territories except Kentucky, Florida, New York, Washington and Nevada.

NuxGame enhances player experience through integration of new crypto and blockchain technologies

October 23, 2023 Published by EuropeanGaming.eu

Reading Time: < 1 minute

NuxGame, the experienced betting and software provider, has announced the integration of Metamask, Aptos and Phantom crypto wallets into its platform, creating a more secure, efficient and streamlined process for operators and players alike.

Promoting ease of use and offering global accessibility, the new integrations will allow for ease in sign-ins and registrations as well as swift deposit and withdrawal directly from the wallets, reducing friction in the registration process while attracting the growing group of crypto-enthusiasts and increasing acquisition rates for operators.

The public blockchain’s transparency and immutability also minimises fraud, with traceable transactions ensuring that both players and operators can verify and validate transactions.

The Metamask, Aptos and Phantom integrations solve many issues other crypto networks and more traditional payment processes pose, such as slow transaction speeds, high fees, security issues and the lack of complete decentralisation.

The integrations bolster NuxGame’s range of services and are the latest in a string of innovative solutions available to forward-thinking operator clients.

Denis Kosinsky, Chief Operating Officer at NuxGame, said: “Evolving our offering is key to future-proofing our clients’ operations by ensuring they stay ahead of the tech curve, providing their customers with the most cost-efficient, secure and streamlined service available.

“As crypto technology continues to grow within the iGaming sector, it is vital operators have the infrastructure to facilitate changing player preferences. This latest development of our services ensures our clients have the most advanced crypto and blockchain technology available to them.”

SOFTSWISS Sportsbook Teams Up With Bets.io

September 29, 2023 Published by EuropeanGaming.eu

Reading Time: 2 minutes

The SOFTSWISS Sportsbook is expanding its client network through a new agreement with Bets.io. With the strategic addition of a sports betting option to its portfolio, the online casino is committed to enhancing the player experience and diversifying its offering.

Created by crypto enthusiasts, Bets.io offers players an exhilarating gaming experience with an extensive library of titles and innovative gameplay. Operating under a Curaçao licence, the project caters to a specific audience that prefers crypto over traditional fiat currency. The company distinguishes itself by providing betting options in the most popular crypto coins: BTC, BCH, LTC, ETH, DOGE, USDT, XRP, ADA, BNB, DAI, TRX.

Following the seamless integration between the online casino and the gamified sports betting platform, the SOFTSWISS Sportsbook, casino players now can enjoy betting on a vast selection of more than 200 sports, including esports, with betting odds provided by Betradar and Oddin.gg. In addition, sports fans can elevate their betting experience with a range of enticing bonuses, such as Freebet and Comboboost.

Bets.io will enjoy the advantage of receiving top-level SOFTSWISS support and technical assistance throughout the partnership. This support encompasses tailoring the platform to meet specific customisation requirements to incorporate new functionality requested by the client. What is more, Bets.io also will have access to various player management tools, such as detailed betting statistics, flexible odds, event settings, and top-notch customer support.

Commenting on the partnership, Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook, says: “Using our sports betting platform, Bets.io will strengthen their business through enhanced engagement and a broader market reach, while players will have access to a wide range of sports, events, leagues, and tournaments. I am pleased to welcome a new partner and happy to mention that we will launch another joint project soon. Inspired by the trust placed in us by our new client, the SOFTSWISS Sportsbook team will continue to add new features to offer unique solutions that lead our clients to success and improve the gaming experience of bettors.”

The Bets.io team adds: “We have a great opportunity to explore the benefits of the Sportsbook Platform and offer our players something new. Working with the SOFTSWISS team was seamless, and we look forward to the outstanding results of this collaboration. Thanks to our new partner for their continued support during all stages of integration.”

Being part of the product ecosystem, the SOFTSWISS Sportsbook offers clients a wide range of bonuses unique to the iGaming industry, and the ability to launch jackpot campaigns on sports events.

About SOFTSWISS

SOFTSWISS is an international iGaming company supplying ISO 27001-certified software solutions for managing gambling operations. The expert team, which counts 1,400 employees, is based in Malta, Poland, Georgia, and Belarus. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

Arbitrum and Optimism Networks are on BetFury

September 15, 2023 Published by EuropeanGaming.eu

Reading Time: 2 minutes

The world of cryptocurrencies is evolving, creating more efficient and practical technologies. Top crypto platforms focus not only on multi-currency but also on adding various networks. In this context, the BetFury platform launches Arbitrum and Optimism, two popular networks with their native ARB and OP tokens. Why is this a great opportunity for Ether holders and fans of cheap transactions?

New Networks – Great Profit

The introduction of Arbitrum and Optimism to the BetFury platform is, first of all, adding variability in the use of networks and their native tokens. For example, each Arbitrum user can transfer a supported currency (ETH, USDT, USDC, DAI, or ARB) to their account balance to play and earn more. It is a kind of another iGaming utility for all supported tokens. In turn, experienced BetFury players can use the networks to transfer assets easily and cheaply.

Over three years ago, BetFury created a native BFG token with many utilities. The most profitable of them is BetFury Staking, with up to 50% APY and the possibility of daily withdrawals. Anyone with at least 100 BFG can withdraw daily Staking payouts in five popular cryptocurrencies: BTC, ETH, USDT, BNB, and TRX. In conjunction with the new Arbitrum and Optimism networks, we receive excellent passive income with the possibility of cheap and fast transfers for most of the above currencies. Therefore, BetFury’s collaboration with Arbitrum and Optimism creates a symbiosis in the entire crypto ecosystem.

Why are Arbitrum and Optimism Top Networks?

For those unfamiliar with the networks, they are an Ethereum Layer 2 solution and work with Optimistic Rollups. They reduce the load on the main network and help its scalability. Compared to the Ethereum network, they are more practical and very cheap. To withdraw currency from BetFury through the Arbitrum network, you should pay 1 ARB (about $0.76) and through the Optimism network – 0.6 OP (about $0.77).

If we compare Arbitrum and Optimism, the latter is almost twice as inferior in Total Value Locked (TVL). Arbitrum also has a larger number of protocols. Optimism uses single-stage proofs of fraud, while Artibrum uses multi-stage off-chain proofs. Arbitrum protection is more effective, but the sequencer is responsible for the proof, and Optimism offers this function to anyone. Therefore, you should rely on your preferences when choosing one of them.

New ARB and OP Tokens on BetFury

Over three years, the ecosystem collaborated with many well-known crypto platforms. Users can place bets in games using over 50 cryptocurrencies: BTC, ETH, BNB, AVAX, DOGE, SHIB, etc. Partnership with Arbitrum and Optimism allows earning ARB and OP by playing games. It is an excellent opportunity for investors and ARB and OP holders to try a new type of income and discover the world of iGaming. In addition to cheap transactions, BetFury provides excellent conditions for deposits and withdrawals. For ARB: min deposit – 0.7 ARB, min withdrawal – 0.7 ARB, for OP: min deposit – 0.5 OP, min withdrawal – 0.5 OP.

CBS Global Launches Their New Innovative Crypto Casino and Sportsbook, Crypto Bet Sports

July 23, 2023 Published by EuropeanGaming.eu

Reading Time: < 1 minute

CBS Global announced the launch of their new crypto focused online casino and sportsbook, Crypto Bet Sports. Using SoftGamings as a provider, and Curacao as their licensing jurisdiction, they are providing slots, live casino table games, sports betting and eSports betting to their customers. They have a wide range of promotions including a 100% up to 1 BTC + 50 Free Spins casino welcome offer, a Risk-Free Bet sports welcome bonus, and a 100-level loyalty scheme to reward players for their continued engagement with the site. Alongside daily loot boxes with prizes up to 1 BTC to be won.

Crypto Bet Sports is a site that is filled with casino games including over 8000+ slots from slot studios such as Microgaming, NetEnt, Play’n Go, Yggdrasil, Playtech, Pragmatic Play and many more. The live casino features tables from Evolution among others, and the sportsbook is provided by BetRadar, which means a huge range of sports available from all over the globe.

CBS is launching with a range of cryptocurrencies including BTC, LTC, BCH, ETH, USDT(ERC-20), TRX, USDT(TRC-20), DOGE and XRP, but they are also in the late stages of developing their very own token for the product, which will give crypto enthusiasts an investment opportunity as well as a great gaming experience.

“At Crypto Bet Sports, we believe in the fusion of cutting-edge technology and sports entertainment. By harnessing the power of blockchain and cryptocurrencies, we invite sports fans, casino lovers and crypto enthusiasts to join us on this exciting journey as we redefine the way we engage with our favourite teams, slots and casino games,” James Dowd, Chief executive Officer of Crypto Bet Sports, said.

Introducing Rewind Protocol – Revolutionizing Loyalty Rewards in the Crypto Space

July 13, 2023 Published by EuropeanGaming.eu

Reading Time: 2 minutes

Rewind Protocol, a groundbreaking crypto cashback solution, has officially launched, providing users with an accessible and innovative way to earn cryptocurrency rewards for their everyday purchases. By bridging the gap between traditional rewards programs and the world of cryptocurrency, Rewind Protocol aims to make crypto more accessible to everyone.

Rewind Protocol’s cashback solution allows users to earn the native token, FWD, when making purchases at participating retailers. FWD operates on the Polygon network and is backed by the USDT stablecoin pool, ensuring stability and reliability. With the ability to connect their MetaMask wallet, users can easily withdraw their rewards and utilize FWD to earn crypto, unlock additional bonuses, or convert them into cash. Additionally, the token will undergo a burn system after a six-month localization period, gradually reducing the total supply and creating scarcity and value for FWD tokens.

The launch of Rewind Protocol comes at a time of heightened interest in cryptocurrency, providing users with an exceptional opportunity to earn rewards while gaining exposure to the thriving crypto market. This revolutionary cashback solution aims to revolutionize loyalty rewards and redefine the way consumers interact with cryptocurrency.

In a recent development, Rewind Protocol has announced a strategic partnership with Betmaster, a well-known online casino, to introduce an exciting and unique method for players to earn cryptocurrency rewards for their gameplay. This collaboration not only enhances the gaming experience for Betmaster players but also serves to make cryptocurrency more accessible and mainstream.

Under the partnership, Betmaster players will gain access to the Rewind Protocol cashback solution, allowing them to earn valuable cryptocurrency rewards for their gameplay activities. These rewards can be easily claimed, instantly cashed out at a discounted price, or utilized to acquire various bonuses, free bets, and free spins, further enhancing the overall gaming experience. Looking ahead, the full-price token burn will be introduced in 2024, enabling users to transfer all earned FWD tokens to their MetaMask wallet and seamlessly exchange them for fiat currency.

Expressing enthusiasm for the collaboration, a spokesperson for Betmaster stated, “We are excited to partner with Rewind Protocol to offer our players an innovative way to earn rewards while engaging with the world of cryptocurrency. This partnership will undoubtedly elevate our players’ gaming experience and provide them with a unique opportunity to explore the crypto world.”

With cryptocurrency gaining significant traction and online gaming witnessing exponential growth, the collaboration between Rewind Protocol and Betmaster presents an ideal intersection, offering players an enticing avenue to earn valuable rewards and simultaneously immerse themselves in the world of cryptocurrency.

Tag: Cryptocurrency

Navigating Bitcoin’s Impact: SOFTSWISS’ iGaming Industry Overview

Payhound empowers LSports with a seamless solution to receive payments

After Crossing 100,000 Active Users, Hypeloot.com Announces The Launch of Its Utility Token $HPLT

Dive Deep into Crypto: SOFTSWISS and Next.io Launch Crypto Series of Podcasts

Roobet Celebrates Nippon Baseball Championship with $1,000,000 Free-to-Play Contest

NuxGame enhances player experience through integration of new crypto and blockchain technologies

SOFTSWISS Sportsbook Teams Up With Bets.io

Arbitrum and Optimism Networks are on BetFury

CBS Global Launches Their New Innovative Crypto Casino and Sportsbook, Crypto Bet Sports

Introducing Rewind Protocol – Revolutionizing Loyalty Rewards in the Crypto Space

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