CasinoCoin is an open source, peer-to-peer, cryptocurrency specifically designed for the regulated online gambling industry.
Ripple is a payment processor that utilises blockchain technology, allowing users to send money globally and instantly, reliably and cost-effectively.
CasinoCoin is utilising Ripple’s source code as a basis for our blockchain as we believe it provides the speed, scale and security necessary for our utility.
Read more about Ripple at: https://ripple.com/
A blockchain facilitates secure online transactions. It’s a decentralised distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
To learn more about blockchain technology, visit: https://www.coindesk.com/information/what-is-blockchain-technology/
CasinoCoin recently launched a non-profit foundation on the Isle of Man. As part of the foundation, a board of trustees was established. You can read about the members of the board at: https://casinocoin.org/board-of-trustees/
We have also appointed several senior industry professionals to a newly-established advisory board, which will assist the Foundation in promoting the adoption and best-use practices of CasinoCoin in regulated gambling markets. You can read more about the advisory board at: https://casinocoin.org/advisors/
We have no plans to open an online casino. The purpose of CasinoCoin and the foundation is to promote adoption and best-use practices of CasinoCoin in regulated gambling markets. In order to achieve this goal, we have plans to partner with regulated gambling operators.
At the moment we don’t have any open positions in the team, however, as the project progresses this may change. Please continue to follow us on social media as we will be sure to post an update if we start searching for new team members.
A coin swap is when a cryptocurrency moves from one blockchain to another. As the coins on one blockchain may be incompatible with the new one, it becomes necessary to initiate a swap so no users lose out on their coins.
A new team recently took over the CasinoCoin project and formed a foundation with the aim of creating real world usage for the cryptocurrency. You can read more about this at: https://casinocoin.org/casinocoin-launches-foundation-in-isle-of-man/
As part of developing real world usage, we believe a new blockchain and larger supply of coins is necessary to achieve our objective. The new blockchain is based on Ripple technology, which features more advanced infrastructure and results in world-class speed and security of the blockchain. The larger supply of coins will put CasinoCoin more in line with the scale of the global online gambling which is estimated to be worth €54 billion by 2020.
Step-by-step details of the coin swap process are available at: https://casinocoin.org/coinswap/
The CasinoCoin Foundation, which advocates for the growth of CasinoCoin and cryptocurrency in the regulated gambling industry, will use any balance of coins not swapped onto the new blockchain by midday GMT on February 14, 2018, to support continued operations, marketing and development. The old blockchain will receive no new development or support from the Foundation after February 14, 2018.
You can download the latest CasinoCoin Wallet for Windows, Linux and Mac from our Links Page.
No, wallets are not linked to email addresses, they are software programs stored solely on the user’s computer or mobile device, not on any central servers.
Click on the ‘Transactions’ tab in your CasinoCoin wallet. In the list of transactions that appear, double click on the one you wish to check and details of the transaction will appear. Once a transaction has been completed, it will be marked ‘Validated’.
Click on the ‘Transaction’ tab in your CasinoCoin wallet, select the transaction in question by double clicking, then click on ‘Transaction ID’.
No, we don’t have any plans to raise funds via an ICO.
Trading is currently available on Novaexchange and alcurEX. We hope to add CasinoCoin to more exchanges in the near future.