From our first official outing at ICE, to the end of our Coin swap, and yesterday, the unveiling of our design rebrand, plus lots more going on behind the scenes, it’s been one hell of a month!
ICE ICE Baby
As many of our community know, at the start of February, the CasinoCoin team attended the 2018 ICE Totally Gaming conference in London. For anyone that doesn’t know, this is the largest gambling conference in the world. Set at ExCeL London, located on a 100-acre waterside site in Royal Victoria Dock, with an impressive 100,000 square meters of space. ICE 2018 drew in over 600 exhibitors and 30,000 attendees – it was so much bigger than you, or we could have imagined!
For CasinoCoin, ICE was an opportunity to:
- Showcase the prototype of our BankRoll Manager (BRM) wallet product – our team have been working flat out on product development since September.
- Educate operators and regulators to the benefits of CasinoCoin for regulated gambling markets – the speed, ease and low transaction fees + KYC and AML features of the CSC blockchain technology are way beyond the capabilities of traditional payment funding methods
- Build new relationships by creating awareness of CasinoCoin amongst the gambling industry. Being a featured stand partner of the Isle of Man Department for Enterprise exhibition stand meant we were introduced to many of their subsequent partners
- Meet face-to-face with potential partners, to move forward with discussions to trial the CasinoCoin BRM integration with operators and payment processors
The demos worked well, and we are proud to be (very close to releasing) the first-to-market crypto wallet that places many of the issues faced by gambling businesses front and centre. We got a lot of “really??” responses when we showed what the BRM product will be able to do, not only the transactions themselves, but the KYC checks and the simple and intuitive UX we have implemented to make this product as complete an offering to the gambling business as possible. For the most part, people’s reactions were very positive. Naturally there were the occasional one or two who weren’t up to speed on crypto, but this was completely expected from our side, and an opportunity to educate them. We are hopeful that by the end of Q1 we’ll have some trials out in the field so we can show people what CasinoCoin can really do.
On top of all the meetings, demos and introductions, John Caldwell, our Director of Advocacy, spoke on a panel about the Applications of Blockchain for Traditional Online Operators hosted by Jonathan Galea, President, BitMalta. Also sitting alongside John on the panel, one of CasinoCoin’s board of advisors, Britt Boeskov, Chief Programme Officer, Kindred Group. By all accounts it was a very engaging and active discussion.
For John, one of the biggest takeaways from the show, he said: “Across the board, people here (at ICE) seem far more educated on crypto, and specifically how crypto and blockchain will affect the gambling business. This is in stark contrast to when I started taking meetings towards the end of last year.”
We believe it is going to take many reputable companies to create a trustworthy ecosystem for blockchain and crypto in gambling – in our opinion, the increased representation of blockchain technology and crypto, at ICE, serves the greater good for the adoption within the gambling industry. It’s a very exciting time.
Coin Swap Complete
The move to upgrade the CasinoCoin blockchain, which is now based on a modified version of Ripple’s code, was an important and necessary move to introduce additional features for users and operators. It also created the opportunity to increase liquidity of the coin from 40 million to 40 billion – a total coin supply more in line with the scale of the global iGaming industry – and it significantly increased network speed and stability to optimise usability within the regulated gaming industry. The new CSC blockchain is far superior to the original, with added functionality including industry-leading transaction speed, with capability of up to 1,000 transactions per second, and average confirmation times of 3–5 seconds.
Website & desktop wallet rebrand
The CasinoCoin rebrand is an important step for the Foundation, bringing its design aesthetics in line with core values, and representing where the brand want to be in the short and long term. The design reflects a clean and modern identity for CasinoCoin entering its next phase. It aims to ensure the brand is easily recognisable, scalable, and versatile, as well as easy to integrate with future partner platforms. It incorporates elements of the original design, and feedback from the community, to create a brand design that is unique to CasinoCoin.
