Latest News
TRUE Ecosystem Introduced NFT Drop in Victoria Wild West Game at 25+ Сasino Operators
TRUE Ecosystem in partnership with the innovative casino game provider TrueLab Game Studios introduced NFT gamification mechanics into their game Victoria Wild West by means of TRUE solution for the online gambling industry. Soft launch showed an increase of player retention by over 70%.
A wild-west-themed slot game Victoria Wild West is the first-to-market production release with the seamless integration of NFT gamification mechanics. This experience is supposed to attract a new audience at the nexus of such fast evolving spheres like iGaming and NFT which becomes a win-win situation for both.
The team expects their first integration to bring many thousands of new NFT holders to the industry fostering NFT mass adoption on one hand, and to increase engagement and retention level as well as reduce user acquisition costs in online gambling on the other.
The drop is now available to the casino operators based on the platforms of leading B2B providers, including SOFTSWISS, and the list is constantly expanding.
What is the Victoria Wild West NFT collection?
The NFT collection is embedded directly into the game, with the NFT tokens randomly dropped while playing. The drop contains 15,000 NFTs of different rarity to help the main character achieve her mission. Each of the items has a high-utility rate and complements the storyline of the game.
Upon receiving the token, the player can activate it right away in the pop-up window by means of TRUE iFrame solution, without disrupting the gameplay and leaving the platform for an external wallet.
Players pick up NFTs during the gameplay, collect them in albums and craft higher-level NFTs to receive various benefits, up to a share of the Holders Treasury — a percentage of all bets placed on Victoria Wild West paid monthly.
Crafting is one of the noticeable engaging tools implemented in the game. The collection features NFTs of various rarity, that can be used to craft tokens of higher value. There are 5 crafting levels, every level unlocking bigger rewards.
As part of the collection 1,000 mystery boxes were released on the provider’s marketplace developed by TRUE within the turnkey white-label solution for the iGaming business. Mystery boxes can be unpacked and crafted, exchanged for benefits, or even resold on the external marketplace as is without opening.
Growth potential
The collection is already proving its success. The first results of the drop are promising indeed: the NFT activation conversion rate exceeds 50% among the players at the present moment, which goes far beyond provider’s expectations.
NFT gamification is performing at full pace and shows no signs of slowing down. According to data collected since product launch in March, the number of players increased by 72.9% with 44% increase in average sessions count per player.
💬 “By means of integrating NFT gamification mechanics into slot games, an iGaming provider can motivate players to come back and play more, expect the boost of engagement and retention, as well as increased volumes on the old game titles without the cost of new game production,” explains Dan Andrian, CEO of TRUE
The teams also expect the new NFT mechanics to positively influence such metrics as bet size, bet count per session and bet count per player as the first results speak for themselves.
About TRUE Ecosystem
TRUE is an infrastructure that offers NFT engagement solutions helping Web2 companies improve their customer retention with NFT utility through no-code approach. The platform provides a complete set of tools required for a successful integration of NFT gamification mechanics.
The ready-to-use Web3 solutions, such as white-label NFT Marketplace, TRUE Wallet, API and SDK developed by the team make it possible to expand the capabilities of NFT utility and apply any type of gamification to engage and retain the audience.
The teams are sure, the utility token, being the main growth driver of the NFT market, can bring extra benefits to all participants of the iGaming business: gamers, casinos, developers, and online streamers, breaking the traditional barriers of Web2, actively promoting deeper engagement, and creating new revenue streams.
Golden Matrix Group Inc., a developer and licensor of online gaming platforms, systems, and gaming content, today announced that management will participate in the 2025 ICR Conference on January 13-15, 2025 at the Grande Lakes Resort in Orlando, FL.
Zoran Milosevic, Chief Executive Officer of Meridianbet, will participate in a fireside chat with an equity research analyst on Monday, January 13, 2025, at 2:30 PM ET and will also be available for meetings during the conference.
The Nordic gaming company Paf decided to give all employees the opportunity to donate €125,000 to various good causes, initiatives and projects. The causes were selected through a nomination and voting process by the employees.
All Paf employees were given the opportunity to nominate their own initiatives that they felt were worthy of Paf’s €125,000 donation. Once the nomination process was complete, employees were asked to vote for the initiatives, and it was the employees’ votes that determined which initiatives received the donation and how much of the sum was allocated to each project.
“It’s really important that everyone who works at Paf feels that our core mission is different and that it’s well worth working for. That’s why we wanted to involve the employees and give everyone a direct opportunity to determine the distribution of the donation,” says Paf’s CEO Christer Fahlstedt.
Paf’s basic purpose is to generate funds for the benefit of society. The annual profit is used as Paf funds for social, environmental, youth, sports and cultural purposes, among others.
Second year in a row
This is the second year in a row that Paf employees have been able to donate a sum of money to various good causes. Last year employees donated €100,000 and this year the amount was increased to €125,000.
“It was a great way to end last year and a good initiative to repeat this year. The donation is not part of Paf’s usual mission and purpose, but it reflects our overall core purpose in an excellent way,’ says Paf CEO Christer Fahlstedt.
The distribution of €125,000
When the employees gathered in December for the annual Christmas speech, the vote was taken and the result determined how the €125,000 would be distributed. The Employee vote gave causes for Ukraine the biggest donation and €40,000, followed by causes against cancer €25,000 and in third place causes for combating abuse of children €15.000.
1. €40.000 – Causes for Ukraine
2. €25.000 – Causes against cancer
3. €15.000 – Causes for combating abuse of children
4. €12.000 – Causes for Children
5. €9.000 – Causes for Animals
6. €7.000 – The Swedish Brain Foundation (Hjärnfonden)
7. €6.000 – Medical aid for Palestine
8. €5.000 – Causes for Women
9. €3.500 – Relief efforts – Spanish weather disaster
10. €2.500 – Jesuit Refugee Services Malta
Most votes – top 3
Causes for Ukraine goes to the following initiatives;
-
Power Up Ukraine, Swedish based, helps with energy solutions
-
Blågula Bilen, Swedish based, donates trucks & 4×4 vehicles with supplies
-
Hospitallers, based in Ukraine, Hospitallers is a volunteer organization of paramedics.
-
Come Back Alive, Ukraine, Demining in Ukraine
-
Safe & Smart, Ukraine based, Restoring hybrid and offline learning in Ukrainian schools
Causes against cancer goes to;
-
Barncancerfonden, Sweden, They help families and contribute to paediatric cancer research with the aim of eradicating childhood cancer
-
Kingitud Elu, Estonia, Estonian Association of Parents of Children with Cancer
-
Rintasyöpäyhdistys, Finland, Europa Donna Finland ry works to increase awareness of breast cancer and improve the quality of life for patients during and after the treatment period
-
Project Liv, Finland, support children with cancer and their families
Causes for combating abuse of children goes to;
-
Internet Watch Foundation, UK, stop child sexual abuse online
-
Anti-Human Trafficking Intelligence Initiative, USA based, end human trafficking and child exploitation
-
Missing Children Europe, protects children from going missing
-
ECPAT, based in Thailand, ensures children live a childhood free from sexual abuse and exploitation
-
La Strada International, Europe, works against human trafficking
-
Prajwala, India, works to end sex trafficking & sex crime
-
Maiti Nepal, Nepal, works for a society free from trafficking of children & women
The nomination and voting process was not open to organisations or initiatives that were already beneficiaries of Paf funds. Since 1966, Paf has distributed more than €447 million in Paf funds. In the spring of 2024, Paf was able to distribute €31.4 million for the benefit of society.
The post Paf employees donated €125,000 appeared first on European Gaming Industry News.
Online slots provider 1spin4win comes out with Classic Christmas Hold and Win, a 3×3 retro fruit experience reminiscent of land-based slot machines. The nostalgia-filled holiday-themed slot releases December 19.
Classic Christmas Hold and Win invites players to experience an authentic holiday feel bolstered by nostalgic retro fruit symbols, flaming sevens, and jolly golden bells. The game’s most helpful symbol is a gift-wrapped Wild box, which lies along with other symbols on the festive reels that light up like a Christmas tree when a win occurs.
The title gives out exciting double payouts when all 9 reel cells are filled with one and the same fruit symbol and has an x1,000 Mega Jackpot and x100 Minipot on offer in the player-popular Bonus round mode.
27 paylines ensure enough gameplay variety, while the x1,500 max win will be attractive to a vast player pool. The slot’s 97.10% RTP is a safe bet for casinos that guarantees players will enjoy the balance and return for more.
“A week earlier, we released Christmas Gems Hold and Win, a more modern-looking festive slot with contemporary gem symbols and well-polished HD visuals audiences are now accustomed to,” shares Olga Bogdanova, Art Director at 1spin4win. “This week, Classic Christmas Hold and Win debuts an old-fashioned slot with the goal of taking players on a journey back in time to the well-known security of device-free celebrations and land-based gambling. By switching up our art style and adding different lighting, we offer players a chance to cozy up and take a break from the fast-paced world we live in.”
Coming up with season-themed slots during holidays is a tradition that started at 1spin4win with Lucky Xmas 20 in early 2022. Later that year, Lucky Eve 100 and Lucky Christmas 243 delivered bundles of joy to players. In 2023, the online casino provider released Northern Gold Rush, Lucky Snowlight, and Fruity Christmas, focusing on Christmas themes throughout the month. This year is a little different: Cash’n Fruits Fortune 100 spruced up the December game list to give operators an opportunity to feature a new non-Christmas-themed game along with Christmas Gems Hold and Win and Classic Christmas Hold and Win.
The slot studio prioritizes releases tied to seasonal celebrations because they have proven to attract new players, re-engage existing ones, and increase player sessions overall, which is what every operator strives for.
Explore all holiday-themed slots from 1spin4win in their portfolio.
The post 1spin4win Unveils Classic Christmas Hold and Win to Honor Yearly Tradition appeared first on European Gaming Industry News.
Golden Matrix Group to Participate in the 2025 ICR Conference
Paf employees donated €125,000
1spin4win Unveils Classic Christmas Hold and Win to Honor Yearly Tradition
The Power of High Performance: GR8 Tech Achieves 25% Turnover Growth in 2024
Biggest Game Portfolio and 3 New Products: SOFTSWISS 2024 Overview
MGA Marks Safer Gambling Week by Hosting Focus Group on Addressing Problem Gambling
SkillOnNet’s Spanish language brand launches in newly regulated Peruvian market
BetConstruct to Participate at GAT Caribbean Cancún
Legendz Social Casino & Sportsbook Officially Launches in 43 States
Play’n GO recruits the entire Wilde family for their latest adventure, Wildest Gambit
-
gaming2 years agoODIN by 4Players: Immersive, state-of-the-art in-game audio launches into the next generation of gaming
-
EEG iGaming Directory8 years ago
iSoftBet continues to grow with new release Forest Mania
-
News7 years ago
Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
-
News6 years ago
Super Bowl LIII: NFL Fans Can Bet on the #1 Sportsbook Review Site Betting-Super-Bowl.com, Providing Free Unbiased and Trusted News, Picks and Predictions
-
iGaming Industry7 years ago
Rick Meitzler appointed to the Indian Gaming Magazine Advisory Board for 2018
-
News6 years ago
REVEALED: Top eSports players set to earn $3.2 million in 2019
-
iGaming Industry7 years ago
French Senator raises Loot Boxes to France’s Gambling Regulator
-
News7 years ago
Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018
