To the community,
It has now been more than two years since we took over CasinoCoin, launched the foundation and set out to harness the power of the blockchain to reimagine what is possible in the casino industry.
From the start, we wanted to try something different to the countless ICOs that raised millions of dollars, promised the world but, ultimately, have delivered very little.
We’ve always been about the use cases rather than the hype. That’s why we’ve spent 2019 with our heads down building out our technology and striking several deals that take our products out into the real world.
Here’s what we’ve been up to over the past year.
Coming soon: the first CasinoCoin casino
When we set out with this project back in 2017, our primary aim was to deliver a CasinoCoin-powered casino that is licensed and regulated. It has been a long journey, but earlier this month we struck a deal with GoodGaming to do exactly this.
GoodGaming will launch a fully-branded casino next year that will be licensed by the Isle of Man and use CasinoCoin as its payment method. Assuming you live in an approved territory, you will be able to use your CSC to play a fantastic selection of games. Find out more.
Reinventing the wheel
Back in May, we announced a landmark deal with the world’s leading manufacturer of roulette wheels, Cammegh, to integrate blockchain technology into its wheels to facilitate the collection and transmission of data from each and every spin all over the globe in a secure, immutable manner – preventing fraud and giving operators comfort that their operations are secure.
The deal was the first of its kind, and one of the only real-world use cases for blockchain tech in the land-based casino sector.
The integration has been progressing well, and as announced last month, the first phase has now been completed, with Cammegh Token now used for all service and maintenance schedules, as well as associated payments. We look forward to working with Cammegh on a full roll-out – and some exciting extras – next year.
We see countless possibilities for use cases with CasinoCoin custom tokens. One that has already created a lot of buzz is using a custom token to run a loyalty and rewards program. The first operator to do this will be Omnia Casino. When live, players at Omnia will earn tokens – which sit on the CasinoCoin blockchain – as they play, and will be able to spend them in a dedicated store. By bringing their rewards scheme onto the blockchain, Omnia will be able to increase automation, cut costs and better combat fraud.
Going for gold
eGamingFund is a blockchain-powered platform for the gaming community. It is backed by an ambitious team with a strong network in China, and selected the CasinoCoin blockchain upon which to launch its GFG token because we offered greater scalability than alternatives such as Ethereum.
Breaking the ICE
We are already looking forward to ICE 2020, which takes place at the ExCeL in London between 4-6 February of next year.
Most of the CasinoCoin team will be attending, and we are planning a community meet up and a couple of surprises. Keep an eye on the usual channels for updates.
The year ahead
Two years of hitting the pavement are starting to pay off. We’ve never been so excited about what CasinoCoin could become. We are already looking forward to ICE 2020. Keep an eye on the usual channels for updates.
Happy holidays from CasinoCoin