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Home » Revolutionizing Online Gaming: CoinGames Unveils Decentralized Casino

Revolutionizing Online Gaming: CoinGames Unveils Decentralized Casino

Transforming the Gaming Landscape with Blockchain Integration

Kelly Cromley by Kelly Cromley
Apr 15, 2024
in Market News, News
Reading Time: 2 mins read
0
coingames decentralized casino

CoinGames has introduced its decentralized gambling platform, harnessing the power of blockchain and smart contract technology. The newly launched CoinGames web3 casino offers users instant withdrawals, access to daily promotions, round-the-clock live support, and an extensive selection of over 10,000 games.

Addressing Industry Challenges

CoinGames aims to tackle a significant hurdle in the online gambling sector: conversion rates. Operating as a Web3 casino, the platform eliminates the requirement for upfront deposits, streamlining the user experience. Instead of traditional deposit methods, all gaming transactions are executed through smart contracts, simplifying the process and improving accessibility. This innovative approach has led to impressive outcomes, including a reported 380% enhancement in conversion rates and a 200% surge in customer Lifetime Value (LTV).

Enhanced User Autonomy

The platform emphasizes user empowerment, emphasizing shorter wait times for registration and deposit, free from the involvement of third parties that often slow down processes. CoinGames ensures that players retain complete control over their funds, enabling unrestricted withdrawals at any time using non-custodial wallets.

Decentralized Framework

Transactions on the CoinGames platform are recorded on a framework built upon the Binance Chain, Polygon Chain, and soon-to-be-implemented Solana and Ethereum networks. Leveraging decentralized technologies and frameworks, CoinGames provides users with a secure and streamlined gaming experience.

Pioneering Leadership

Edoardo Narduzzi, President of CoinGames, heralded the launch of CoinGames as a significant milestone for the online gaming ecosystem. By integrating blockchain and smart contract technology, CoinGames aims to establish a new industry standard characterized by transparency and user control.

Future Outlook

With a current user base of 20,000 individuals, CoinGames sets ambitious targets for expansion, aiming to reach one million users by the year’s end. The platform operates under a specialized gambling license, ensuring adherence to regulatory standards and bolstering user trust and security.

Introduction of CoinGames Token

In addition to its existing offerings, CoinGames plans to introduce its native token, the CoinGames Token, through private investor rounds followed by pre-sale and public sale phases. This strategic initiative aims to further enhance the platform’s ecosystem and engage users in new and innovative ways.

CoinGames invites players to embark on a journey where innovation intersects with entertainment, promising a future of secure, user-focused, and endlessly exciting gaming experiences.

 

 

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