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SOFTSWISS Casino Platform Debuts In-Game Currency Conversion

In-game currency conversion, a much-requested function of the popular SOFTSWISS Casino, has finally been made available to users. Players may now change their cryptocurrency holdings into up to 9 different fiat currencies using the Casino Platform, an online casino management system.

A cryptocurrency-focused addition to video games, In-Game Currency Conversion made its official debut in the spring of 2022. The project’s goal was to provide customers with additional options for growth and to provide participants with greater leeway in how they played.

Both players and operators benefit from this integration since players may now wager on games that do not traditionally accept cryptocurrency and operators have access to SOFTSWISS’ whole library of games.

There was previously just one preset currency that crypto could be exchanged for before the upgrade. Extra fiat currencies (USD, EUR, AUD, RUB, CAD, NZD, NOK, JPY, and BRL) are now accessible for conversion in-game thanks to SOFTSWISS’s special features.

According to Darya Avtukhovich, Head of the SOFTSWISS Casino Platform, users previously could only exchange cryptocurrency for US dollars. The type of currency that could be spent restricted the games that could be played. The problem is that different games elicit different feelings and reactions from players.

That is why they included support for many currencies this time around. A wider range of games is now accessible to players who can convert their cryptocurrency assets into more traditional currencies.

Huge Step Forward

SOFTSWISS has taken a major step toward its big aspirations with the release of its new currency conversion tool.

As a result of the players and the diversity of operators fighting with one another to obtain their goods on this platform, the firm is creating solutions that are in accordance with market needs.

The corporation has thrived thanks to its ability to continually adjust to shifting consumer preferences. At the next SiGMA Europe expo in Valletta, Malta (November 14-18), it will showcase its cutting-edge technologies including the Casino Platform and its capabilities. Developers, operators, players, and the general public involved in iGaming will get the opportunity to learn about the company’s most recent innovations at this event.

These enhancements are all part of SOFTSWISS’ long-term plan to deepen its presence in existing markets while entering new ones and bolstering the breadth and depth of its product offering.

 

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CryptoGames Races to Take on Fast-Paced Crypto Gambling Space

The crypto betting business is booming, but there’s always an opportunity for new entrants to increase competition and usher in new ideas. CryptoGames is gaining popularity as a trusted place to gamble online using crypto. Featuring state-of-the-art safety protocols and entertainment options, the casino caters to customers from all over the globe. It also offers the newest and greatest cryptographic implementations of traditional casino games, a delight for cryptocurrency consumers.

A major selling point is that gamers from all around the globe may enjoy the Curacao casino without leaving their homes. That means that players may use any modern mobile device to have free and unlimited access to the casino.  The site also consistently promotes safe and fair crypto gaming alternatives for players of all skill levels.

A Well-Rounded Package

When it comes to financial systems and providing a level playing field for crypto aficionados, CryptoGames leverages cutting-edge technology to ensure both. The casino features a complete collection of classic games, all of which provide modern crypto gaming experiences. Blackjack, Keno, Roulette, the Lottery, and six more standard casino games are all featured inside the casino’s sleek design.

As a whole, the platform’s games are designed to be simple to play and understand to appeal to the largest possible number of casual gamblers. All ten games are simple to pick up and play, but each has its own flavor and its own set of rules for how bets are handled.

As a result, CryptoGames is now recognized as a platform that consistently exhibits its commitment to fair and responsible gaming, therefore ensuring that all players may enjoy themselves in a risk-free environment. The 10 games all have distinct goals and features, so they are up to par with today’s requirements for video games.

After registering for an account, gamers may use their Play Money to try out nine different games at no cost.

A Solid Payment System

For a company like CryptoGames, which operates in the cryptocurrency industry, having a reliable payment system is essential. There are ten different cryptocurrencies available for use in the country’s financial system, which may be used for everything from transaction processing to playing games.

Even better, either fiat currency or cryptocurrency may be easily deposited into the system. Credit cards and an advanced monetary exchange system may also be used to make deposits and make trades.

Exchanges between other cryptocurrencies are also supported in CryptoGames, with the help of reliable aggregators. The casino also maintains an open and accessible list of services on its website, including things like the casino’s safety and privacy regulations, as well as its promotions, bonuses, and affiliate programs. Players who sign up for a free account at Play Money get instant access to the site’s rewarding system.

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BetCoco Brings Crypto Gambling Option to Canada and Brazil

BetCoco, a fast-rising online casino brand owned by the investment firm Crystal Wealth Group, made its debut last month to serve the lucrative cryptocurrency betting markets in Brazil and Canada. The gaming website allows users to gamble on casino games, live casino games, sports, and esports.

To spice up the experience, it even has VR rooms where users can get an immersive feel for games like blackjack, roulette, and live sports. The quality of its products and services is unparalleled in the markets in question. On top of that, the upgrades safeguard the company’s success in the foreseeable future.

First of Many

Founded in 2022, Crystal Wealth Group plans to launch “several” companies over the following decade, with BetCoco being the first. The team’s goal is to design a user interface that provides greater excitement for consumers. They feel that this is something that many iGaming companies have neglected to emphasize in their brand campaigns in recent years.

Furthermore, the operator stated its intention to provide numerous forms of player rewards. Among them were things like loyalty points redeemable for unique prizes, added incentives, and invitation-only offers and tournaments.

“BetCoco is a fun brand that offers a fabulous player experience with the leading games and services that the industry has to offer. Innovation is at the foundation of everything we do through creating the best features to continuously improve our user experience. We are launching with crypto, with fiat soon to follow, and are deploying exciting paid media marketing and affiliate campaigns to let the markets know about us.”

~ Mike Fox, Chief Financial Officer of Crystal WG

Crystal Wealth has hired Nick McCleggish, Digital Fuel’s Director of Group Accounts, as an adviser to BetCoco. In this partnership, Digital Fuel’s digital expertise and Crystal Wealth’s regional expertise in Latin America complement one another. It fits well with what they need to help their joint proposal grow and provide the best possible service to their global client base under the BetCoco Casino brand. That’s why the two of them are so well-suited to one other.

More Expansion Plans

Crystal Wealth’s long-term strategy is predicated on collaborating with the finest service providers in the business to develop a robust core iGaming platform that will serve as the foundation for introducing several brands to different geographic regions. They see BetCoco as their entry point into the potentially lucrative global sector, which is projected to grow to USD 154 billion by 2030.

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The Rise of Big League Crypto Sports Betting

Even though there has been a significant slump in the value of cryptocurrencies over the course of the last few months, U.S. sports bettors are slowly but surely coming around to the idea of using digital currencies for betting purposes. As virtual currencies grow more prevalent in daily life, proponents of the change contend that it will be a key tool in keeping bettors away from the offshore market.

Many well-known sports betting organizations have recently started accepting bitcoin deposits into their users’ gaming accounts. An important element of this procedure is played by third-party payment providers.

Lots to Offer

Sports bettors will appreciate cryptocurrency’s numerous advantages over traditional forms of payment. To begin with, it has an exceptionally high level of security making it very tough to crack. It is essential for operators to ensure that this is the case so that your wagers are protected from any kind of manipulation. Bitcoin and other cryptocurrencies are also decentralized, which means they are not governed by a single entity. This makes it almost hard for anybody to take advantage of the system.

Last but not least, using cryptocurrencies is remarkably quick and affordable. It has very cheap costs and allows for almost instantaneous transaction completion. As a result, it’s an ideal choice for individuals who wish to gamble on sports without having to worry about transaction costs.

Dealing With the Concerns

Even though cryptocurrency is still in its infancy, there are already several compelling arguments suggesting that placing bets on sporting events using bitcoin might be the wave of the future. Cryptocurrency has the potential to completely change the online sports betting industry with its speedier transfers, reduced costs, and increased anonymity.

There have, of course, been some concerns. Thankfully, these are being addressed in different ways.

Duelbeats_BGaming

BGaming and Duelbits Debut Game for Crypto Casino Enthusiasts

Rapidly expanding iGaming content provider, BGaming has enhanced its content partnership with Duelbits. The latter is a cryptocurrency casino and sportsbook which has been making waves in the industry lately. As part of this agreement, BGaming has created a branded exclusive slot for a new generation of crypto players. Duelbits customers can look forward to top-notch gaming as the new title was created in collaboration with the casino’s team.

What the Game Offers

The Duelbits Quest slot machine is a basic five-reel, three-row slot machine that offers avid slot players a total of twenty-five paylines and a variety of exciting bonuses. We cannot also forget to mention the solid range of features that add a ton of value to the gaming experience.

The branded game blended high-quality mechanics with exciting features such as in-game jackpots, free spin games, coin respins, and the famous Buy Bonus function. BGaming developed in close coordination with the Duelbits team to match the preferences of its burgeoning crypto casino audience. That consists of young players who are knowledgeable about technology and are looking for personalized experiences.

According to Alexandr Shavel, who heads up the Business Development Department at BGaming, the concept of making individualized video games is not new. However, the solutions that the industry provided have always seemed to be difficult to implement and costly for game creators and operators. They were able to effectively overcome all of the hurdles, and they are now delivering high-quality branded games in a short amount of time while maintaining a deep degree of customization.

Since the company’s inception, Duelbits has been focused on developing innovative methods for increasing client interaction. Because of this, they are delighted to collaborate with BGaming on the introduction of this fascinating new online casino slot game that opens a new world of possibilities.

Massive Growth Ahead

Branded exclusive games are slowly becoming a mainstay in the world of online gaming. Casino operators may enhance their relationships with players and boost overall engagement and operators’ gross gaming revenue (GGR) by around 30 percent on a single title.

This notion is gaining traction among both crypto and fiat casinos. BGaming, for instance, is now producing up to three or four games each month for its clients. All these new additions are both branded and unique. The seamless integration of BGaming’s content into a cryptocurrency exchange is what makes some of these solutions stand out as being very innovative.

bitcoin-casino

New York City Casino to Feature Crypto Trading Floor

A gaming giant and asset management firm headquartered in Las Vegas are mulling the possibility of adding more options to a multibillion-dollar casino that will be coming to the famous Manhattan skyline in New York City. The resort would have a spot for cryptocurrency trading as well as a landing pad for flying vehicles.

UE Resorts International, a partnership of Japan-based gaming technology supplier Universal Entertainment Corporation, and Jason Ader, a former Las Vegas Sands board member, had planned to submit a proposal for the casino to the local betting authority by December 10, 2021, according to an Insider.

The planned trading floor for cryptocurrencies would be the largest of its kind anywhere in the world. It would also contain a venue for events such as New York Fashion Week, the US Open, and Fleet Week. eSports stadiums are also part of the plans.

Trading or Wagering?

Crypto-based casino games were intended to be only one part of a broader entertainment strategy that featured other intriguing elements, according to Ader. The suggestion to establish a trading floor also resonates with the argument over whether trading digital currency is an investment or mere gambling.

“Mirai,” which means “future” in Japanese, was selected as the casino’s name. This lines up quite well with the futuristic plans that the developers have for the property. A $3 billion budget was initially set for the project. However, this might change depending on where all the proposed plans end up. Even the location itself could change.

Can It Work?

If you are simply jumping into the cryptocurrency market without a plan or strategy, you are almost certainly doomed to fail. Cryptocurrency experts fear that many of the alternatives on the market may evaporate within a few years, leaving investors with little to show for their money.

However, if you put in the time and effort, you may be like Bitcoin and watch your investment soar, just like that. Or, even better, you’ll be a pioneer in a wild new future when crypto replaces conventional money within a few years. Because of this, cryptocurrency is gaining in popularity.

This is likely what the New York casino investors are aiming for. The market is still in its nascent stages, especially with regard to mainstream adoption. Early investors and adopters here have a real shot at starting something big. The only question is whether or not they are willing to live with the eventual outcomes.

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The Wikimedia Community to Stop Accepting Crypto Donations

Following a three-month debate in which the environmental effect of bitcoin and other digital currencies was a significant discussion topic, Wikimedia, the non-profit foundation behind Wikipedia, has decided to cease accepting crypto payments and donations.

Accepting donations in digital currencies including popular options like BTC and ETH signals the endorsement of digital coins and a clear push for more mainstream adoption. These also have a reputation for being “inherently predatory” as investments. As such, they do not align with the Wikimedia Foundation’s commitment to environmental sustainability, according to a proposal from contributor Molly White.

Crypto miners have been accused of polluting the environment by utilizing massive quantities of computer power to confirm transactions. Molly White included this in the proposal. The foundation singled out BTC and ETH for their high energy requirements, while also pointing out that there are alternative “greener” cryptocurrencies. However, these are less extensively used even for payments or donations to the foundation.

The decision was reached via a vote.  Nearly three-quarters of the fewer than 400 people who voted, leaned in favor of no longer accepting BTC. This is definitely a big deal for the crypto community as proponents have been working hard to increase adoption. However, all hope is not lost it seems. Wikimedia has kept the possibility of restarting crypto acceptance on the table. For now, it will continue to watch the situation.

Can crypto go green?

The energy consumed by computers to issue new digital tokens via a process known as “proof of work” accounts for a large part of crypto’s environmental effect. That is simply because it requires a lot of computing power. According to some estimations, the server farms that compete to produce new Bitcoins consume as much power as a small nation every year.

A greener crypto future most likely implies a more regulated one. Two types of legislative measures for crypto regulation are possible. The first kind would need greater openness on the carbon costs of operating a cryptocurrency mining farm. The second would involve regulators imposing some form of carbon tax. Already, these kinds of rules are being pushed by some notable environmental and economic justice organizations.

Other options such as the adoption of renewable energy at the mining farms have also been fronted. Still, we cannot dismiss the fact that crypto is growing at an incredibly fast pace and government regulatory measures often take time to create and implement. It will very certainly fall to the industry to embrace sustainability with the same zeal that it has innovated.

foggystar

FoggyStar Casino Receives $5 Million in Investment

Launched at the beginning of the year, FoggyStar.com is considered by many to be a very promising crypto-powered gambling venture. The confidence in its success is so high that the company has recently received a $5 million investment from some investors based in Canada and Japan. This will enable the company to continue its casino content development and design its own digital token.

As it stands, FoggyStar’s offering is in the alpha version. However, that has not stopped it from being very innovative when it comes to its portfolio. It boasts of a large selection of crypto-first casino games that many players will find to be very interesting to play. These games were developed by leading casino game developers including Pragmatic Play, NetEnt, and Play’n GO among others. As such, players can expect nothing short of the best quality from them.

Innovating for the Entire Industry

While FoggyStar is certainly the key focus here, the company has some very ambitious plans that will have a ripple effect across the gaming industry. To begin with, it is working on innovating and creating some additional casino features. These features are aimed at ensuring that the components of future products can work as openly as possible. At the core of the products’ operations will be blockchain technology which is already present across many gambling platforms.

Some of the goals that FoggyStar is targeting with these developments are increasing user engagement and related metrics. Moreover, it will also be able to increase the trustworthiness of the online gambling sector.

Speaking on that, the FoggyStar team noted that they are not just creating any product. That is, in addition to keeping up with industry trends, they are going to ensure that users are at the forefront of the improvements.

“The project is focused on the users and the security and transparency of the infrastructure that surrounds them. Our team aims to improve the project using innovative technologies and methods that will lead to a completely new game experience.”

To make the news even more exciting, FoggyStar also has plans for the Metaverse. Its goal in that regard is to become the first online casino to go live in the metaverse. Given all the hype that the concept has been getting of late, a crypto casino would certainly turn some heads.

As the technology continues to get better, so will the products that the players have access to. The widespread use of digital currencies has been of great assistance and this is likely not to change anytime soon.

bitcoza

Bitcoza Debuts World’s First Charity Bitcoin Casino

Crypto charities are not an exactly new concept but the idea of a Bitcoin charity had not come up until recently. Bitcoza, a fast-rising operator in the world of crypto has recently launched what it claims is the first charity Bitcoin online casino on the planet.

According to the creators and operators of the platform, Bitcoza is aimed at offering players a fun gaming environment while at the same time giving them a chance to contribute to initiatives aimed at making communities. Better. So, in addition to being a profitable entertainment spot, the platform has an interest in assisting in the protection of endangered species.

This will be achieved by the company donating up to a whopping 50 percent of its revenue to charitable campaigns. As mentioned, the key focus of the charity efforts is endangered species so we expect to see a bias in that regard.

One of the current initiatives that the company is currently pursuing with its top-level VIP program involves saving the endangered Pinta Island Tortoise. The Pinta Island Tortoise which is currently at the Galapagos National Park and Conservancy is the only of its kind left in the world. In addition to that, Bitcoza has also been offering support to the World Wide Fund For Nature and the International Fund for Animal Welfare.

More About Bitcoza

Since its launch in the Spring of 2021, Bitcoza has built up quite a reputation. To begin with, it is a licensed and regulated gaming site. It has a license from the jurisdiction of Curacao. Players are therefore assured of fairness and safety. The operator also plans to take this a notch higher by rolling out a set of responsible gambling tools. These are going to come in handy for tracking spending and playing responsibly.

While its charity initiatives specifically reference Bitcoin, the iGaming site accepts several other digital currencies as payment methods. These include Bitcoin Cash, Ethereum, Dogecoin, Litecoin, Dai, and USD Coin. Increasingly popular crypto tokens are also eventually bound to find their way onto the platform.

When it comes to the games, Bitcoza has a pretty solid selection of titles too. Among its popular titles are blackjack, poker, baccarat, lotteries, slots, and roulette. One of the most notable things about the platform is the fact that its bonus schemes could net players up to a whopping $22,000 in bonuses. To make it even better, these bonuses are not accompanied by any wagering requirements should players choose to withdraw them.

Solana-Pay-Share

Solana Pay Ventures into the Crypto Payments Space

While crypto has certainly revolutionized online payment in many respects, the sector still has more room to grow and advance further. There have been lots of different initiatives and developments dedicated to solving some of the things that have plagued crypto payments. Stablecoins and Bitcoin’s Lightning Network, for instance, were all dedicated to bringing some much-needed improvements to the sector.

Now, Solana Labs is hoping to make its play for the crypto payments sector with a solution it believes will be a gamechanger. The company has co-developed software that it will use to help merchants accept payments via the Solana network.

While still relatively new, the Solana network has been steadily growing in popularity. Today, it is the blockchain network that is the Ethereum network’s biggest competitor. That is because it offers a solid range of products and services. The most notable ones are the cheaper, faster, and more scalable transaction processing capabilities that the network boasts of.

Its new product is aimed at facilitating merchant payments and commerce rails. Both are very lucrative and thus a provider that offers the most value in terms of costs and instant payment settlements can tap into this unique growth opportunity.

No Middleman

Perhaps the most interesting thing about Solana’s new venture is that it lives up to the promise of crypto. Using QR codes, users will be able to make direct peer-to-peer (P2P) payments. All they need to have is a valid cryptocurrency wallet.

According to Solana Labs Head of Payments Sheraz Shere, the new product has the potential of paving the way for the future of mainstream crypto use. The fact that there is no need for a middle man taxing every transaction makes it very appealing to both merchants and consumers.

“Now that we have a blockchain that has the throughput, speed and scalability and low fees of traditional payment networks – 50,000 transactions per second and sub-second transfer times, we can potentially build a merchant payment system that’s truly on the blockchain, and most importantly, that’s peer-to-peer and decentralized and permissionless.”

Sheraz Shere, Solana Labs’ Head of Payments.

For those who may be concerned about volatility, the new product is particularly focused on USDC. According to the company, USDC transfers are the best way to go as they are not only simple to execute but also unlikely to add any stress to the network.