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Home»TRADING NEWS»CoinGames builds the world’s first fully decentralized gambling platform
TRADING NEWS

CoinGames builds the world’s first fully decentralized gambling platform

By Crypto FlexsApril 11, 20243 Mins Read
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CoinGames builds the world’s first fully decentralized gambling platform
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Chainwire, London, UK, April 11, 2024

The Web3 platform offers blockchain-based, smart contract-enabled online casinos and sportsbooks.

CoinGames, the first fully licensed decentralized gambling platform, has launched, providing users with secure and streamlined online casino services based on the latest blockchain and smart contract technologies. CoinGames web3 casino offers instant withdrawals, access to daily promotions and 24/7 live support for over 10,000 games on offer. The implementation of these technologies allows players to enjoy an easily accessible platform built with optimization, transparency, and entertainment at its core.

Coingames solves the biggest challenge facing the online casino industry today: conversion rates. As the only true Web3 casino, players do not need to deposit funds to play as the entire gaming session is processed through smart contracts, removing a major barrier to participation. This innovative approach resulted in a 380% improvement in conversion rates and a 200% increase in customer lifetime value (LTV).

Users can enjoy shorter waiting times for registration and deposits without the need for third parties to complicate and slow down the process at every step. Using non-custodial wallets, players maintain complete autonomy over their funds, with no restrictions on when and how much they can withdraw. All transactions are fully transparent and recorded on Binance Chain, Polygon Chain, and soon Solana and the CoinGames framework built on Ethereum. The implementation of these decentralized technologies and frameworks contributes to an unparalleled user experience that is completely secure and streamlined.

“Launching CoinGames as the world’s first fully decentralized gambling platform is a pivotal moment not only for us but for the entire online gaming ecosystem,” said CoinGames president and serial entrepreneur who has founded many successful ventures, including NETikos and TechEdge. Edoardo Narduzzi said. And MashFrog Group. “By integrating blockchain and smart contract technology, we are setting a new industry standard for transparency and user control. This is the future of gaming: safe, user-centric, and endlessly exciting. We are proud to lead this charge and invite players to experience the difference at CoinGames, where innovation meets entertainment.”

CoinGames is currently enjoyed by 20,000 users and has ambitions to entertain 1,000,000 by the end of the year. The platform has secured a special gambling license that allows Coingames to operate its unique crypto-based gambling model within a regulated environment. This was paramount to maintaining the trust and security of platform users and provided a solid foundation on which to build the future of decentralized online gaming.

CoinGames is currently launching the CoinGames token, initially available to individual investors and later to the public through pre-sale and public sale phases. NFT collections will soon also be available for purchase directly from Magic Eden.

Introduction to Coin Games

CoinGames is revolutionizing the iGaming industry by leveraging the latest blockchain technology. Through innovation in Web3 development and adoption, CoinGames aims to transform the gaming sector, developing blockchain solutions that facilitate the expansion of decentralized business operations, with a particular focus on environments rich in high-frequency microtransactions.

For more information, visit CoinGames official website | Twitter | discord | blog

ContactCommunicationRonnie WelchVEW Mediaronnie@vewpr.com

Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.

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