The CasinoCoin blockchain can host custom tokens for businesses that wish to leverage the benefits of CasinoCoin technology while maintaining control of their own token economy.
Creating a custom token on the CasinoCoin blockchain allows gaming operators and suppliers to maintain control of their token while still enjoying all the benefits of our blockchain, including lightning fast, scalable transactions and low fees.
The creator of the custom token can choose a token name and brand, determine the total supply, value and distribution method, all while still taking advantage of CasinoCoin’s best-in-class desktop and mobile wallets.
There are a number of interesting use-cases for custom tokens on the CasinoCoin blockchain.
As all custom tokens are hosted on the CasinoCoin blockchain, and our native currency, CSC, will still be the required currency for transaction fees. This flat fee is currently set at 0.25 CSC per transaction to encourage a high level of activity on the CasinoCoin blockchain.
The first custom token hosted on the CasinoCoin blockchain is Cammegh Token. Cammegh is the world’s leading specialist manufacturer of roulette wheels, integrated roulette systems and gaming digital signage.
Cammegh will use its new token to improve their billing and support processes and also transmission of data from its roulette systems, as well as to further protect against fraud.
CasinoCoin will announce further use cases of the Cammegh Token and additional custom token partners in due course.