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PlayBit Casino Token: A Pioneering Venture in the Crypto Gaming World
In an era where digital innovation and with technology advancing at an astounding pace. Cryptocurrencies once perceived to be an idea have now been widely adopted and accepted for both transactional and as a form of currency. Gambling as the oldest form of entertainment is not any different, with blockchain technology available, it is evitable that Crypto-Based online casinos will emerge. The Crypto gambling industry with an estimated valuation of 250 Million USD, is just a drop compared to the gargantuan gambling industry which is worth at least 93 billion USD as of 2023.
PlayBit aims to capitalize and revolutionize this industry by introducing an avant-garde tokenomics model, centered around the $PLAYBIT token, designed to optimize the gaming experience and maximize player rewards. The project’s deflationary strategy, featuring buybacks and token burns, ensures the intrinsic value of $PLAYBIT appreciates over time, directly benefiting token holders and investors and sustaining project growth.
ERC-404:
So what is ERC-404 ? It simply means it is a token standard that allows users to buy and sell fractions of NFTs, enabling broader participation in high-value assets and creating new investment opportunities.
PlayBit incorporates the ERC-404 NFT as a form of ownership by purchasing $PLAYBIT tokens, users can then stake PLAYBIT tokens which offer unparalleled benefits such as enhanced rewards, including access to exclusive games, higher cashbacks and VIP rewards within PLAYBIT’s casino platform. These innovations not only enhance the gaming experience but also provide substantial financial incentives for players.
Presale:
The PLAYBIT token presale presents a unique opportunity for early adopters to be part of PlayBit’s journey from the ground up. Benefits of joining the presale include special discounts, early access to the platform’s features, and a chance to maximize investment potential ahead of the full launch.
Full details can be found at PlayBit Casino
Sustainable Growth Through BuyBack and Burn
Sustainability has always been a key concern for participants, how will the platform grow its revenue, how will the tokens I own appreciate with the projects grow. Therefore, a key pillar of PlayBit’s strategy for sustainable growth and token value appreciation is its BuyBack and Burn program. By allocating a significant portion of profits to repurchase and burn tokens, PlayBit ensures a steady increase in token scarcity and value, directly benefiting its community.
Strategic Partnerships and Gaming Library
With partnerships with top-tier game providers and an extensive library of over 10,000 games including but not limited to Live Casino games, slot machines, sports betting to even our very own in-house designed RNG Games with such offerings, PlayBit is set to offer an unmatched gaming experience. This expansive selection ensures that PlayBit has something for every player. PlayBit delivers quality and diversity in gaming parallels the innovative approaches seen in the market, aiming to redefine user expectations and experiences in crypto gaming.
Regulatory Compliance
Operating under a license from the Curacao eGaming Authority, PlayBit guarantees a secure, transparent, and fair gaming environment. This commitment to regulatory compliance and operational excellence is bolstered by a team with extensive experience in both the crypto and gaming industries, ensuring PlayBit’s strategic vision is executed flawlessly with a commitment to user security and fair play.
Conclusion: A Unique Investment Opportunity
As the crypto and casino worlds converge, PlayBit represents a unique intersection of innovation, entertainment, and investment potential. The project’s strategic approach to tokenomics, community rewards, and gaming diversity positions it as a notable contender in the crypto casino space, promising a vibrant future for investors and gamers alike.
More information on PlayBit website and social media.
Latest News
Gate.io and AWS’s ‘Gateway to Championships’ Brings Blockchain to the Forefront with FC Internazionale Milano Partnership
The event also brought together industry leaders, sports icons, and blockchain innovators for an evening that not only celebrated technological advancements but also paved the way for a historic and transformative partnership in blockchain and sports.
Panel discussions, moderated by Kristen Lim, Co-Founder and CEO of Rockrose, explored the profound impacts of blockchain technology on the global market. Thought leaders provided insights into the evolving landscape of Web3 and contributed their expertise, highlighting the transformative potential of blockchain across various sectors. Together, they examined key trends, challenges, and opportunities shaping the future of Web3.
VIP Dinner, Networking, and Celebrations
The event concluded with a VIP dinner and networking session, where attendees connected with industry and sports luminaries against the backdrop of a live DJ, creating an atmosphere of celebration and collaboration.
SOCCER2050: From On-Chain to On-Pitch
Additionally, Gate.io organized SOCCER2050, a separate football match highlighting its commitment to the sport and the community. The event was co-hosted with LTP on September 17 in Singapore, where several teams faced off in friendly football matches following a ribbon-cutting ceremony with Dr. Lin Han and representatives from LTP, Huawei Cloud, and Zodia Custody. This event further cemented Gate.io’s presence in the football world, fostering camaraderie and engagement among participants.
Disclaimer
This is a private event for professional knowledge sharing and networking purpose only. You should always seek independent professional advice before making any investment decisions. The products and/or services mentioned herein are only available to persons outside Singapore. Please be noted that Gate Group may restrict or prohibit the use of all or a portion of the Services from restricted locations. For more information, please read the applicable user agreements.
The post Gate.io and AWS’s ‘Gateway to Championships’ Brings Blockchain to the Forefront with FC Internazionale Milano Partnership appeared first on European Gaming Industry News.
Aristocrat Gaming
Record Progressive Jackpot at Over $2 Million and Climbing Up for Grabs at Seminole Hard Rock Hotel & Casino Hollywood
A record progressive jackpot of more than $2 million continues to climb on a $1 million Dragon Link slot machine by Aristocrat Gaming. The huge jackpot is up for grabs at Seminole Hard Rock Hotel & Casino Hollywood.
The $1 denomination Dragon Link slot is a single-site progressive (SSP) and is located in the high-limit slots area of the Hollywood casino, famous through the world for its iconic Guitar Hotel. The slot machine’s progressive jackpot increases independently from other Dragon Link slots at the Seminole Hard Rock Hotel & Casino Hollywood and elsewhere.
The jackpot is climbing by an average of $7,000 per day and is on track to become one of the largest slot machine payouts in Seminole Gaming history and the largest Dragon Link jackpot ever awarded. Players at Seminole Hard Rock Hollywood have a chance to be a part of jackpot history.
“It’s exciting to witness the Dragon Link jackpot grow to an unprecedented amount. The game has been a favorite since its release, and with this amazing prize now up for grabs, our players have the potential for a huge win,” said David Hoenemeyer, Chief Operating Officer of Seminole Gaming.
“We are incredibly proud of the fanfare Dragon Link has amassed over the years, and this historic milestone reinforces player excitement for the brand. The Seminole Hard Rock Hollywood team have been incredible partners and huge supporters of our $1 million Dragon Link offering. We can’t wait to be a part of the celebration of this record-breaking jackpot,” said Kurt Gissane, Chief Revenue Officer for Aristocrat Gaming.
Since its debut at Seminole Hard Rock Hollywood in June 2021, Dragon Link has consistently drawn in players with its exciting high-denomination offering, which includes a $25 minimum bet and a $2,500 max bet. The casino-resort was the first in the world to feature the $1 million Dragon Link progressive, and today, it remains one of the most popular high-limit slot games available.
The impact of Dragon Link on the gaming landscape has been immense, cementing its status as a player favorite. While Aristocrat Gaming continues to push boundaries with innovative offerings, the latest jackpot at Seminole Hard Rock Hollywood represents a new milestone in gaming entertainment.
Xpoint has announced two key appointments as it strengthens its leadership team.
Chris Chapman has been promoted to Chief Technology Officer and Rahul Agrawal has joined as VP of Engineering.
Chapman previously served as VP of Engineering at Xpoint and has been pivotal in leading the company’s engineering efforts, advancing its geolocation technology and ensuring the platform’s reliability and scalability. Prior to joining Xpoint, he held senior leadership positions at companies such as Sourcepoint, Integral Ad Science and Amino Payments, which he founded. In his new role, he will focus on driving innovation and ensuring that Xpoint remains at the forefront of geolocation and compliance solutions in the iGaming sector.
Agrawal brings over 25 years of experience in technology leadership, most recently serving as VP of Technology at PointsBet, where he advanced the development of the sportsbook and casino platform, built a global engineering team and integrated multiple technology partners, including geolocation providers.
His extensive background also includes being CTO at FaceOff and senior technology roles at Jump Ramp Games and High 5 Games. He will lead the Xpoint engineering team, focusing on operational excellence and the continued development of the supplier’s geolocation technology.
Manu Gambhir, CEO of Xpoint, said: “We are excited to promote Chris to CTO and welcome Rahul as our VP of Engineering.
“Chris has been an integral part of Xpoint’s success and his promotion to CTO is a natural progression as we continue to evolve. Rahul’s extensive experience in building and scaling technology platforms will complement Chris’s leadership and together, their expertise will drive the next phase of innovation for Xpoint as we continue to lead the geolocation and compliance space in the iGaming industry.”
Gate.io and AWS’s ‘Gateway to Championships’ Brings Blockchain to the Forefront with FC Internazionale Milano Partnership
Record Progressive Jackpot at Over $2 Million and Climbing Up for Grabs at Seminole Hard Rock Hotel & Casino Hollywood
Xpoint Appoints Chris Chapman as CTO and Rahul Agrawal as VP of Engineering
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