how-crypto-can-improve-sport-betting

How Crypto Can Improve Sport Betting

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Sport betting is what is known as gambling. While it can be fun, it is also an activity for which there is no skill involved, and all that determines the outcome of the event being wagered upon are chance. There is no guaranteed time period over which you will be able to make money with sports betting since luck plays a huge factor in determining how much your bet stands to gain or lose. The thing that makes sports betting so popular despite its unfair nature is that people know and trust the odds makers who set up bets, to begin with.

Anyone can become a bettor but not everyone can become an odds maker. Despite this new age problem, cryptocurrency developers have come up with solutions that will address some of these problems in the traditional sport betting industry through the use of blockchain technology and smart contracts. This will create a more secure sports betting system that rewards the bettor and make bookmakers fairer. One of these new-age ideas is being developed by an ambitious team called Surebet.

They intend to tackle the problem of unfair bookmaking with their decentralized, smart contract-based platform. How? This is through incentivizing the users who play against them, just like what blockchain does for its miners. This has excited those who are engaged in online gambling. The creation of this new platform will be done through a token sale happening on November 1st, 2017 where you can get yourself some SBETS tokens (SureBet’s cryptocurrency). Their crowdfunding goal is 4,946 ETH which isn’t very high given the size of their project so far.

Spearheading their project is Ian Sbrano which has proven himself in the past through his successful company named Sports Betting Bot which allows everyone to participate in sports betting through artificial intelligence programs that he created. And by doing so, the users who use it will profit from accurately predicting sporting events whether it be in the short or long run.

They have been smart about how they go about this because of the fact that they are not trying to counter illegal bookies and online casinos but rather compliment them to provide more entertainment for all gamers (pun intended). So far, they have completed many successful projects such as Footballmastermind.

Crypto Enhances the Security of Sports Betting

The conventional sports betting at bet365 will now become better, with the introduction of cryptocurrencies. This enhancement allows bettors more flexibility and security when placing their wagers than they were able to have in the past. Bettors will also be able to get a return on their bets by using Nectar, which is what Sir Richard Branson’s Blockchain start-up has coined as the “Sports-betting cryptocurrency that powers the leading global fantasy sports platform.”

Nectar provides another way for users to earn rewards just by playing fantasy football and other games of skill such as darts, golfing, or any type of game you can think of! In order for gamers to use this currency, they need to satisfy some basic criteria: They must follow @NectarPlatform on Twitter and retweet one of our tweets containing #nectar, and also join our Telegram group. Nectar.org is a platform that will allow users to bet on anything they want, from politics to sporting events and even the weather! If you place smart bets, you’ll earn Nectar which can be traded in for prizes or exchange for cash.

Sir Richard Branson has been known to invest in a variety of different companies over the years but his latest venture into the online gambling industry could turn out to be his most lucrative yet. In order to guarantee success, he hired David Sapper as CTO who believed blockchain technology can help reinvent how fantasy sports are played and provide an additional layer of security against any potential threats such as bots.

Safe Sports Betting with Crypto

There are risks with online gambling which persist to this day so how can you be sure your money is going where it’s supposed to? Trusted third-party services known as bookmakers are one way of ensuring any disputes will be taken care of in a fair manner. They use blockchain technology, an immutable ledger for recording and verifying transactions that enable fully transparent book-keeping which leaves no room for corruption or foul play. Anything stored on the blockchain cannot be altered by anyone after it’s initially published because doing so would require hacking the entire network at once, something virtually impossible.

When creating CashBet Coin (CBC), a cryptocurrency based on Ethereum, CashBet recognized there were still risks such as unpredictable charge-backs. All these are challenges that blockchain technology seeks to address and improve the security of gamblers.

Conclusion

With the introduction of crypto to the sports betting world, there will be a sudden shift and demand for this type of activity. This is one of the ways that more people will gain knowledge about online gambling.

coindcx-becomes-the-official-jersey-sponsor-for-ireland-cricket-team

CoinDCX becomes the Official Jersey Sponsor for Ireland Cricket Team

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India’s safest cryptocurrency exchange, CoinDCX is breaking new ground in international cricket as it becomes the Main Team Sponsor of another international cricket team – Ireland. CoinDCX will be the Official Front of Jersey Sponsor of the Ireland Cricket Team for their upcoming series against South Africa.

This is for the very first time that an Indian Cryptocurrency Exchange brand has sponsored the Irish team as Ireland host South Africa in a 3 ODI and 3 T20 series starting from 11th July till 25th July. South Africa has just finished the Caribbean tour and now will head straight to Ireland, and then to Sri Lanka before entering the T20 World Cup starting October this year.

By sponsoring the Ireland jersey, CoinDCX is keeping its sights on attracting the cricket-crazy Indian audience, a substantial part of which tune in to watch Non-India matches as well. The Ireland vs South Africa series is timed perfectly as well for the India Audience as the ODI matches will start at 3.30 pm and T20 matches will start at 7.30 pm thereby both running through primetime in India.

For CoinDCX, this jersey sponsorship is yet another prestigious pick, considering it has proven to be a game-changer for brands in the past. Over the last few years, brands have seen tremendous ROI through Jersey Branding across countries in global cricket as it has always led to increased visibility. CoinDCX has slowly built its cricket portfolio beginning with the Co-Presenting Sponsorship on Hotstar during the World Test Championship between India and New Zealand. This helped the brand in terms of a larger outreach in terms of the audience watching the game. The next big step was when the crypto brand became the Title Sponsor for the T20I series between India and Sri Lanka. They have also come on board as the Overseas Partner of Sri Lank for the entire India vs Sri Lanka series.

And now, with the Ireland jersey sponsorship, CoinDCX aims to reach out to the millennial, Gen-Z populations in the Indian and Global market, who have either already invested in cryptocurrency or are most likely to consider investing in crypto assets. It provides CoinDCX with an excellent opportunity to generate extensive visibility and boost brand recall amongst the young viewer base.

Mr Sumit Gupta, CEO & Co-founder of CoinDCX said “This is our 3rd Cricket Sponsorship this year and we are thrilled to be the Official Jersey Sponsor of Ireland Cricket Team. The crypto-assets market in India is under-penetrated. The cricket season attracts high viewership from all over India, and we aim to tap potential users through these sponsorships.”

fantasy-sports-tech-offers-ideal-fantasy-sports-software-with-crypto-integration

Fantasy Sports Tech Offers Ideal Fantasy Sports Software With Crypto Integration

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Fantasy sports tech is a genuine and professional fantasy sports software development company in the global marketplace. Being a leading player in the industry, we are experts in offering all types of fantasy sports solutions with top-notch outcomes at affordable rates. Our fantasy sports software is crafted with updated features and comes with an attractive user-friendly interface. Said the chief official of Fantasy Sports Tech.

Fantasy sports tech has now come upon with a new announcement. We are currently offering premium crypto fantasy sports betting software to all young startups, sports enthusiasts, and entrepreneurs across the globe.

In recent times, the crypto sports betting industry is becoming extremely competitive with hundreds of fantasy sports platforms with crypto integration in 2021. There are some popular platforms with crypto integration such as a stake, Sportsbet, cloudbet, Betflip, etc. There is always hype for cryptos, so bitcoin sports betting sites are now offering more crypto bonuses to attract more bettors. Crypto sports betting platforms have become more attractive to users for some major reasons. Like fast deposits, instant withdrawals, low fees, and leagues can be played using Bitcoin and altcoins.

As the usage of crypto and fantasy sports apps is increasing, many individuals can engage and earn money through it. Thus crypto sports betting software has reached huge attention towards many budding startups and speculators.

A crypto fantasy sports betting software is ready-made software that helps you to launch a remarkable fantasy sports platform with crypto support. Our crypto fantasy sports software supports all major crypto coins for betting and playing leagues. Such as bitcoin, ethereum, litecoin, dogecoin, etc. So your users can participate in contests and win cash prizes by paying cryptocurrencies. This will lead you to be a successful entrepreneur in the crypto sports betting industry.

Outstanding Features of Our Crypto Sports Betting Software

1. Realtime notifications
2. Cryptocurrency integration
3. Multiple bet types
4. Admin management system
5. User management
6. Manage players
7. Manage league and contests
8. E-wallet integration

Benefits of using our Crypto Fantasy sports Betting Software
1. Quick payment processing
2. High security
3. User anonymity
4. No intervention of third-party
5. Greater accessibility
6. You can set entry fees for each league on your desired crypto coin

You can get all these extraordinary features and advantages when you use our premium cryptocurrency fantasy sports betting software. Therefore, it helps to launch a successful fantasy sports platform with crypto support and also helps to gain a more user base. Said the higher official of fantasy sports tech.

crypto-millions-lotto-launches-its-digital-gaming-affiliate-program

Crypto Millions Lotto Launches its Digital Gaming Affiliate Program

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Things are changing in the world of lottery.

Hot on the heels of their 2020 launch of the world’s first bitcoin lottery, Crypto Millions Lotto are announcing the launch of their highly attractive affiliate program, backed by a world-class affiliate management team.

The program offers very attractive commissions, but significantly, it also offers an industry-first commission bonus of 5% of the jackpot won by any player that is referred to the program by an affiliate. Pay outs are all in bitcoin, daily for lottery and 48 hours after the month end for casino games.

Couple that with an eye-catching acquisition offer of the first six plays being free for new players (one on each of six international lotteries), with no need to make a deposit first, plus a 200% introductory offer by way of a Lucky Gift Card if the first deposit is made, and it all adds up to an irresistible proposition.

The days of queuing in shops to buy paper tickets with cash are over. Crypto Millions Lotto is entirely digital. Customers, who can play from more than 180 countries for the biggest jackpots in the lottery, do it all online, from the comfort of home. And for cash, read bitcoin.

Using cryptocurrency enables fast deposits and instant withdrawals, anywhere in the world. These tangible benefits translate into improved conversion of referred customers, which means greater earnings for affiliates.

By their actions, Crypto Millions Lotto has made it clear it values its affiliates highly. Everything is completely transparent, with trusted affiliate tracking and customised reporting through a leading affiliate platform.

And to help affiliates get off to a fast start, they are provided with a large range of professionally designed marketing materials which will help them promote the games in whichever social media channel they choose.

Commenting on the launch, Crypto Millions Lotto’s CEO, Sulim Malook said, “We’ve already shown that we intend to do lottery differently, and now we’re going to do affiliate marketing differently too. We see this as one of primary routes to market and we’re going to give it the resource and support it needs to be a huge success”.

 

About Crypto Millions Lotto

Crypto Millions Lotto and its affiliate program is operated by UK-based Wilmington Holdings plc, whose wholly owned subsidiary company Ofertas365 (Curaçao) N.V., holds a lottery license to operate in more than 180 countries. Jackpots are fully insured by the world’s leading prize indemnity insurance specialist and prizes are based on the outcome of established national lotteries. This unbreakable link gives Crypto Millions Lotto complete fairness and transparency.

For more information, visit https://www.cryptomillionslotto.com/Affiliates

kikitrade-raises-$12m-for-asia-pacific-expansion,-brings-in-strategic-investment-from-hedge-fund-billionaire-alan-howard

Kikitrade Raises $12M for Asia Pacific Expansion, Brings in Strategic Investment from Hedge Fund Billionaire Alan Howard

 

Cryptocurrency investment platform Kikitrade today announced that it has received US$4 million in strategic funding from British hedge fund billionaire Alan Howard, underlining strong investor appetite in Asia’s upsurging digital asset market.

Alan Howard’s backing came shortly after Kikitrade closed its US$8 million pre-series A funding round in April, joined by a group of eminent international investors including Sequoia-affiliated Dragonfly Capital, blockchain gaming unicorn Animoca Brands and Ethereum co-founder Joseph Lubin. The extended round brought Kikitrade’s total capital raised to US$12 million.

Debuted in Q4 2020, Kikitrade has recorded a robust growth in 2021, with its total number of registered users doubling in the last two months. More than two-thirds of its users are millennials or Generation Z.

The fresh capital will be invested in continuous product innovation, compliance, and user acquisition across Asia – with an emphasis on Southeast AsiaAustraliaTaiwan, and Hong Kong – where cryptocurrencies’ penetration rates are significantly lower than that in the United States.

Allen Ng, co-founder of Kikitrade, said, “The strategic backing from Mr. Alan Howard, a legendary investor that my team and I look up to, gives us a great deal of confidence to continuously innovate and drive the mass adoption of digital assets.”

“Kikitrade has built an extremely user-friendly platform to enable adoption of digital assets among millennials and Gen Z users and we are very excited to partner with the team as they scale the platform in APAC,” said Alan Howard.

ninjas-in-pyjamas-and-mercuryo-partner-up-to-put-a-spotlight-on-cryptocurrency

Ninjas in Pyjamas and Mercuryo Partner up to Put a Spotlight on Cryptocurrency

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Legendary Swedish esports organization Ninjas in Pyjamas (NIP) and cryptocurrency infrastructure company Mercuryo have joined forces for BLAST Premier Spring Finals to onboard the esports community to the future of finance. Mercuryo is well-recognized in the financial industry as a rapidly growing cryptocurrency infrastructure company that provides global access to fast, secure, and affordable money transfers. Working together with industry leaders, Mercuryo designed a range of payment solutions to accelerate growth and boost businesses worldwide.

“This partnership with Ninjas in Pyjamas is crucial for us as a company and the entire fintech industry. Esports and fintech have a lot in common; passion, problem-solving, and the ability to think several steps ahead. In gaming, this set of skills can secure victory. In the financial industry, they help drive innovation,” said Petr Kozyakov, CEO at Mercuryo.

The partnership over BLAST Premier Spring Finals features, among other things, a video content series of three episodes, focusing on how Mercuryo can boost your performance and the similarities between gaming and the crypto sphere. Ryan Tinslay, Senior Manager Strategic Partnerships at Ninjas in Pyjamas, concludes:

“We’re so excited to start working with Mercuryo during our BLAST Premier Spring Finals campaign. It’s no secret that cryptocurrencies have continued to rise as both a payment and investment model, with increased availability to use crypto across more and more vendors globally. It’s still an area that can seem daunting for many to get into and really understand. That’s why we’re partnering with Mercuryo – to offer our fans the opportunity for a more secure, low-cost and easier way to transfer any of their fiat currency into crypto.”

the-impact-of-cryptocurrency-adoption-on-government

The Impact of Cryptocurrency Adoption on Government

 

Cryptocurrency use is growing exponentially, and governments may want to consider the benefits. Why are blockchain and cryptocurrency so popular right now? Why have business whales and finance execs invested large cash reserves into cryptocurrency? They hope to benefit from this colossal opportunity. Visual Capitalist, in an April 2021 article, remarks that Bitcoin, compared to other tech companies, is the fastest asset to reach a $1 Trillion market cap.

In March of 2020, Bitcoin’s price was coming in at around $3K. As of May 11, 2021, Bitcoin was $56,551.44. Per coin. And Bitcoin is only one of over 4,000 cryptocurrencies according to Investopedia in a January 2021 article. This growing trend presents a new challenge for governments.

Cryptocurrency sits on top of a technology called blockchain. Blockchain is a database network that supports the transfer of value in a digital format. It is an independent system not owned by any institution, individual, bank, or entity, (read, government). As more cash moves into this crypto arena, governments will lose visibility and control of their national currency. How will that affect them?

The Government Blockchain Association, (GBA)?s Tax Working Group has written a Whitepaper entitled, ‘The Impact of Cryptocurrency Adoption on Government’. This 138-page document is the result of a full year’s worth of research and analysis, done by a team of authors with expertise in tax risk analysis, data, research analytics, cryptocurrency, digital assets, business, and blockchain. This report was not financed by any major corporation or interest group. The authors were all volunteers and were not influenced by a sponsor?s desired outcome. This paper was written to find an answer to a question.

How will this monumental transfer of fiat money into cryptocurrency affect governments and their citizens? Be assured, it will affect them, and the governments that understand this change can better prepare for what is coming.

The Impact of Cryptocurrency Adoption on Government whitepaper is available for download purchase.

global-gaming-marketplace-kinguin-partners-with-immutable-x

Global Gaming Marketplace Kinguin Partners With Immutable X

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Offering 10 Million Gaming And esports Customers Access To The Most Advanced Platform For NFTs

Immutable X, the first layer-2 scaling solution for NFTs built on Ethereum, forms a partnership with Kinguin, a leading global video games marketplace, with over 10 million registered users. Both companies share a vision to create a new lightning-fast, low-cost, and eco-friendly NFT marketplace for gamers.

NFTs are essentially an evolution of digital ownership, a concept already familiar to gamers. Early NFT projects largely consisted of static images and art, while innovations in the space have led to the proliferation of dynamic digital collectibles, including trading cards, digital art, and other in-game items.

Unlike digital items of the past, the minting of digital collectibles in the form of NFTs enables verifiable ownership, uniqueness, and scarcity. NFT game items cannot be taken away from you by game developers, and can be sold for real money. The top NFT-centric projects, including popular games like Gods Unchained, Axie Infinity, and Aavegotchi, have experienced explosive growth, producing over $750 million in secondary sales volume in Q1 of 2021.

The Kinguin team is aiming for technical excellence in the build-up to their NFT offering that will include NFT Gaming Cards and more blockchain products in parallel to their existing digital marketplace, focused on games and software. Working closely with partners, game developers, influencers and gamers, Kinguin will welcome customers to the world of NFTs in a way that feels familiar and is easy to use from day one. Kinguin’s influence in the esports world spans from sponsoring major Counter Strike leagues, and they are well known for their Kinguin Esports Performance Center and Kinguin Esports Lounge in Europe.

“We are excited to partner up with Immutable X to bring innovative NFT offerings to gamers and eSports enthusiasts worldwide. We see the ultimate value in creating new rich experiences and functionality to these global communities”, said Viktor Romaniuk Wanli, Founder and CEO at Kinguin.

Immutable X was created by Immutable, the team behind one of Ethereum’s highest-grossing trading card games, Gods Unchained. It is the first layer-2 solution for NFTs on Ethereum, solving for all three issues related to NFT scaling: accessibility, scalability without compromising user custody and true decentralization.

Immutable X launched in Alpha this March and aims to unlock digital economies at scale by enabling NFTs to be traded, earned, shared, gamed and collected completely gas-free and securely with the power of ZK-rollup technology by StarkWare.

“Kinguin comes in with massive marketplace building knowledge, structures and experience, and we’re very excited about the unique trading experiences that they’ll be able to create and scale on Immutable X”, said Robbie Ferguson, co-founder of Immutable.

After observing and analyzing the NFTs industry for the last couple of years, Kinguin decided to introduce new structures, allowing the brand to enter the NFT market. Their goal is to leverage the existing ecosystem and enable their clients and partners to create unique NFT collections and trade them on the most advanced platform on the market.

“It is a natural next step for Kinguin, as our digital marketplace will expand its offering, according to the needs of our customers and incentivize them with new bounties and special deals built using NFT tokens”, added Viktor Romaniuk Wanli, Founder and CEO at Kinguin.

alanyaspor-to-launch-fan-token-on-socios.com

Alanyaspor to Launch Fan Token on Socios.com

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Turkish Süper Lig side Alanyaspor, in partnership with blockchain providers for the sports and entertainment industry Chiliz, have announced plans to launch $ALA Fan Token on fan engagement and rewards platform Socios.com in the coming months.

Alanyaspor finished fifth in last season’s Süper Lig and were also runners-up in the Turkish Cup. The club is currently in the fifth position in this season’s table. $ALA Fan Tokens are collectible digital assets, minted on the Chiliz blockchain, that provide owners with access to voting rights in polls, VIP rewards, exclusive club and sponsor promotions, AR-enabled features, chat forums, games and competitions on Chiliz’ fan engagement and rewards mobile app Socios.com.

The Alanya-based side will become the fifth Turkish club to launch a Fan Token, joining Galatasaray, Trabzonspor, İstanbul Başakşehir and Göztepe on the Socios.com roster. The announcement takes the total number of partners in the Socios.com network up to 28.

Hasan Çavuşoğlu, President of Alanyaspor, said: “We are pleased with this agreement that will bring our club, which we want to move forward day by day, into the digital world with the active participation of our fans.

“With the $ALA Fan Token, our fans will have a significant impact on club decisions and benefit from the multiple interaction and reward opportunities available on Socios.com.

“We are extremely excited for our Fan Token launch and are looking forward to great interest from our fans. We are proud to have Aytemiz Alanyaspor join the Socios.com family, which includes the world’s leading clubs, and make our club stronger in the global digital arena.”

Alexandre Dreyfus, Founder and CEO of Chiliz and Socios.com, said: “This latest announcement means that almost a quarter of all Süper Lig clubs have now partnered with Socios.com to launch Fan Tokens.

“The biggest clubs in Turkey – and throughout the world – are using Fan Tokens and Socios.com to increase engagement with their global fanbases.

“Our vision is to evolve passive fans into active fans and it’s very fitting that this evolution is currently happening faster in Turkey, where the passion of supporters is so high, than anywhere else.”

softswiss-game-aggregator-shares-q1-2021-crypto-gambling-insights

SoftSwiss Game Aggregator shares Q1 2021 crypto gambling insights

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In its Q1 2021 corporate report the SoftSwiss Game Aggregator shared that “crypto turnover increased its share from 6% at the end of Q1 2020 to over 26% in Q1 2021”, highlights Andrey Starovoitov, COO at SoftSwiss.

The recently released SoftSwiss Game Aggregator report showed that crypto turnover’s growing share in the total volume of bets every month, which took up 6% in Q1 2020, and came up to 26% by the end of Q1 2021, displacing the overall share of fiat (as shown in pic.1).

Region-wise, “the turnover in Asia is growing, largely due to the entry of cryptocurrency casinos into this region. Mainly this is due to the traffic growth in Japan, as well as good trends in India and Indonesia”, further noted Andrey Starovoitov. “Our clients continue expanding to the LatAm region, and although it is too early to talk about significant volumes, we expect to see Brazil among the leaders in the nearest future”.

Speaking of the top cryptocurrencies throughout the SoftSwiss Game Aggregator, there are slight changes, as ETH has doubled its share reaching a record 10%, with BTC remaining the most popular and staying at the top with 83%. Country-wise, India proves the rising popularity of ETH, where the cryptocurrency has finally become the most used towards the end of Q1 2021. All the other regions show a prevailing preference for BTC (pic.2).

Finally, the top crypto games on the SoftSwiss Game Aggregator appear to be live games with Evolution leading among all other gaming studios in the majority of the regions. The Japanese region has the distinctive feature of being one of the top markets for high rollers. On the other hand, Canada and Europe tend to mostly go for table board games (both live and RNG). Among the most played games are Aztec Magic Deluxe, Elvis Frog in Vegas by BGaming, and Wild Spin Blackjack VIP by Platipus.

 

About SoftSwiss:
SoftSwiss is an international tech company supplying widely acclaimed, certified software solutions for managing iGaming operations. SoftSwiss holds a number of gaming licenses, providing a “one-stop-shop” white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched Sportsbook platform. In 2013 SoftSwiss was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.