CasinoCoin: State of the Token 2023

CasinoCoin
8 min readFeb 28, 2023

CasinoCoin is a unique cryptocurrency that has been making waves in the online casino industry. It is specifically designed to provide a secure, fast, and easy-to-use payment solution for players and operators alike. Since its launch, CasinoCoin has continued to evolve and expand, adding new features like the CasinoCoin Lobby to its portfolio.

In this article, we will explore the latest updates about CasinoCoin, the platform’s foray into the metaverse, its recent marketing events, and its partnerships with top online casinos. We will also take a look at future exchange listings and the utility of CasinoCoin in the online gambling industry.

Whether you are a seasoned online gambler or simply interested in the world of cryptocurrency, this article is sure to provide valuable insights into one of the most exciting projects in the space. So, let’s dive in and discover what’s new with CasinoCoin!

FLR Finance
FLR Finance will soon be launching a bridge for CasinoCoin. It will allow CasinoCoin to become a Y-Asset on the FLR Finance platform, meaning that it will be able to be used in a wide range of DeFi applications. This move is expected to increase the liquidity of CasinoCoin and make it more accessible to a wider range of users. Cross-chain bridging is a significant development for the interoperability of the XRP Ledger ecosystem.

CasinoCoin has already gained a significant following among online gamblers due to its speed, security, and low transaction fees. With the ability to be used in a wide range of DeFi applications on the FLR Finance platform, CasinoCoin is expected to become even more popular, particularly among players who are looking for new ways to utilise their crypto for gambling. This move is also expected to help boost the overall adoption of CasinoCoin, which is already showing significant growth potential in the years ahead.

We expect to initiate a validator on the FLR Finance program, and begin testing within the next month. Once the validator is online we will start a marketing campaign with FLR Finance.

CasinoCoin NFTs
CasinoCoin is set to revolutionise the online gambling industry by utilising NFTs within its Lobby. This is part of our plan to enhance the gaming experience for our users and make it more immersive. With NFTs, players will be able to use NFTs as avatars that are tied to their accounts, giving them a personalised touch that was previously unavailable. Players will get exciting perks from partners, such as rakeback, free spins, and exclusive access to events and discounts.

The integration of NFT avatars into the CasinoCoin Lobby is a game-changer for the online gambling industry. It not only enhances the overall user experience, NFTs provide a level of transparency and immutability that traditional avatars do not. By being blockchain-based, the ownership and authenticity of each avatar are guaranteed, eliminating any chance of fraud or duplication.

Included with this, we will be adding a new bot to our Discord server. The bot is designed to enhance user experience. Additionally, the bot will also be used to manage the whitelist for CasinoCoin’s upcoming NFT release. By using the bot, users will be able to easily register their interest in obtaining NFTs and ensure that they are included in the whitelist for the release. Overall, the addition of this bot is an exciting development for the CasinoCoin community and is sure to provide even more opportunities for engagement and interaction within the platform.

CasinoCoin NFTs are a work in progress and will be released after integration of software from the Non Fungible xApp into the CasinoCoin Lobby.

Maladroids Tournament
CasinoCoin and onXRP have joined forces to bring a unique gaming experience to players of the video game Maladroids. The two blockchain companies have partnered to host an event that combines the excitement of gaming with the convenience and security of blockchain technology. The event is set to take place over several weeks, and players will have the chance to win exciting prizes such as NFTs.

One of the primary benefits of this collaboration is the use of blockchain technology to provide a secure and transparent platform for gaming. By utilising onXRP infrastructure, players can be assured that their gameplay and rewards are tamper-proof and transparent. Additionally, the use of cryptocurrency allows for easy and fast transactions, removing the need for traditional payment methods and providing a seamless gaming experience. Maladroids is an excellent example of how blockchain technology can revolutionise the gaming industry, providing players with a new level of security and convenience while also enabling developers to create exciting events.

XRP Las Vegas
We have recently announced our sponsorship of XRP Las Vegas, an event hosted by Bradley Kimes that focuses on the use of digital assets in the cryptocurrency industry. The event brings together industry experts and enthusiasts to discuss the benefits and challenges of using digital currencies like CSC on the XRPL. As part of their sponsorship, CasinoCoin will have a prominent presence at the event, with our Chief Technical Officer, Daniel Keller, slated to speak about the potential of blockchain technology in the casino industry.

The decision to sponsor XRP Las Vegas is a strategic move for CasinoCoin, as it aligns with our vision of revolutionising the gaming industry through the use of blockchain technology. By partnering with thought leaders like Brad Kimes, we are able to showcase the potential of our digital currency and how it can be used to improve the gaming experience for players and operators alike. This event also presents an opportunity for CasinoCoin to connect with other blockchain-based projects and potential partners who are interested in the intersection of gaming and digital currencies.

Fiat Gateway
One of the challenges facing the adoption of cryptocurrency in this industry was the difficulty in converting fiat currency into digital currency. To address this issue, CasinoCoin originally intended to find its own fiat gateways, which would allow users to easily convert fiat currency into CasinoCoin and vice versa. However, this strategy has been modified since we learned that XRPL Labs is integrating gateways directly into the XUMM Wallet.

As a result, we have shifted our strategy and turned to XRPL Labs. Their flagship product XUMM Wallet is the most popular mobile wallet for the XRP ledger. This allows CSC to benefit from these direct integrations, which will ultimately provide users with an easier way to convert fiat currency into CasinoCoin and vice versa.

Casinos and Exchanges
The CasinoCoin team has been working tirelessly to find new casino and exchange partners to expand the ecosystem and bring more utility to CSC. Our efforts have been focused on building partnerships with established industry players, as well as working with startups and emerging players to create new use cases. This approach has resulted in a diverse network of partners that can offer unique experiences to users of CasinoCoin.

To achieve our goals, our team has employed a variety of tactics. We have attended industry conferences and events to network with potential partners and showcase our technology. We have also engaged in direct outreach to companies that we believe could benefit from integrating CasinoCoin into their offerings. Additionally, our team has been working on developing strategic partnerships with other cryptocurrency projects to expand our reach and create new opportunities for collaboration. Overall, our team’s diligence and focus on building strong partnerships has helped to position CSC as a viable option for use in the online gaming and gambling industry.

We are in the process of adding new casinos and exchanges. If you’d like to purchase or utilise CSC now, check the links at the bottom of this article.

Metaverse
With the advent of the metaverse, virtual economies are becoming increasingly important, and online gaming is playing an integral role in shaping this new digital landscape. By using the XRP Ledger’s fast and secure transaction capabilities, CasinoCoin will be able to offer a reliable payment method for virtual goods and services in the metaverse. Additionally, the partnership with XRPL Junkies will enable CasinoCoin to develop custom solutions that are specifically tailored to the unique needs of the metaverse, ensuring that users have access to the most cutting-edge technology and features available. As such, the partnership between CasinoCoin and XRPL Junkies represents an exciting development for the metaverse, as it represents a significant step towards the adoption of blockchain technology in this emerging digital space.

We will begin internal beta testing of the casino mechanisms in the XRPL Junkies metaverse within the next month. Be on the lookout for new videos and screenshots!

Browser Extension Porting
One of our key goals is giving our userbase more ways to play. To achieve this, CasinoCoin will use browser extension porting, a technology that works in similar ways to MetaMask. Browser extension porting will allow CasinoCoin users to enjoy all Lobby functionality on desktop systems.

With browser extension porting, CasinoCoin users will have the flexibility to use the CasinoCoin Lobby from any device that has a compatible web browser. This will greatly enhance the CasinoCoin Lobby user experience by offering more flexibility on desktop and analogous systems. Browser extension porting will be a critical component of CasinoCoin’s infrastructure. With this technology, CasinoCoin aims to become the preferred digital currency for the online gambling industry, offering a seamless and secure payment solution for users and gambling platforms alike.

Malta Poker Festival
We will be sponsoring The Malta Poker Festival in Autumn for the second year running. The event, which is scheduled to take place in November 2023, will feature an impressive array of live poker tournaments and cash games, as well as a wide range of side events and parties.

The Malta Poker Festival is one of the most highly anticipated events on the international poker calendar, attracting thousands of players and spectators from around the world. This partnership not only underscores the growing popularity of cryptocurrencies in the gaming industry but also highlights the important role that blockchain technology can play in facilitating safe and transparent transactions in the world of poker.

2023 and Beyond
In conclusion, CasinoCoin has come a long way since its inception, with the platform now boasting a range of impressive features and partnerships. With the launch of the CasinoCoin Lobby, its entry into the metaverse, and its growing list of casino partners, CasinoCoin is positioning itself as a leader in the online gambling industry.

But CasinoCoin is more than just a cryptocurrency — it is a community of like-minded individuals who are passionate about the future of online gambling. With its fast and secure payment solution, CasinoCoin offers a unique opportunity to be a part of this exciting industry.

So, whether you’re a player or an operator, consider exploring what CasinoCoin has to offer. With its expanding utility, now is the perfect time to get involved and see how CasinoCoin can benefit you. Join the CasinoCoin community today and be a part of the future of online gambling!

CasinoCoin Links
Website
Twitter
Discord

Partners
RockNRolla
TrueFlip
JustBit
321CryptoCasino

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