To answer all DMs on @CasinoCoin, allow me answer the common questions here.
What is #CasinoCoin (#CSC)?
“CasinoCoin is an open source, peer-to-peer, cryptocurrency specifically designed for the regulated online gambling industry.”
What is #CasinoCoin (#CSC)?
“CasinoCoin is an open source, peer-to-peer, cryptocurrency specifically designed for the regulated online gambling industry.”
What problems does CSC aim to solve?
Problems:
A) Various regulatory requirements such as KYC & AML etc
B) Complicated, slow, and highly charged transactions
C) The need of verifying players, when shifting between various operators, also the time needed for verification approval
Problems:
A) Various regulatory requirements such as KYC & AML etc
B) Complicated, slow, and highly charged transactions
C) The need of verifying players, when shifting between various operators, also the time needed for verification approval
Problem A
CasinoCoin utilizes @XummWallet, which has many built in features like KYC and AML.
This provides a gateway to crypto / fiat gambling market, as it meet the regulatory requirements with ease.
CasinoCoin utilizes @XummWallet, which has many built in features like KYC and AML.
This provides a gateway to crypto / fiat gambling market, as it meet the regulatory requirements with ease.
Problem B
CasinoCoin is an issued token on #XRPL, which enable CSC to facilitate up to 1,500 peer-to-peer transfers per second, with near-instant confirmation!
Why XRPL?
Compared to an ERC20 token, XRPL is superior in
- Speed
- Security
- Scalability
CasinoCoin is an issued token on #XRPL, which enable CSC to facilitate up to 1,500 peer-to-peer transfers per second, with near-instant confirmation!
Why XRPL?
Compared to an ERC20 token, XRPL is superior in
- Speed
- Security
- Scalability
Problem C
CasinoCoin aim to work with online / land casino at operator level, so players doesn't need to register or KYC etc when shifting from one casino to another.
Meaning player will have access to all the online & land casino under the same operator.
CasinoCoin aim to work with online / land casino at operator level, so players doesn't need to register or KYC etc when shifting from one casino to another.
Meaning player will have access to all the online & land casino under the same operator.
What kind of industry #CasinoCoin focus?
- Online based casino (Web / App based casino)
- Land based casino (Casino in Las Vegas, Macau etc)
Currently the focus is on online based casino
- Online based casino (Web / App based casino)
- Land based casino (Casino in Las Vegas, Macau etc)
Currently the focus is on online based casino
How CSC is different from other gambling crypto / blockchain project?
CSC is NOT an online casino platform but a payment method, aim to incorporated into platforms, and become the preferred currency option on operator sites, with deposits, withdrawals and betting available.
CSC is NOT an online casino platform but a payment method, aim to incorporated into platforms, and become the preferred currency option on operator sites, with deposits, withdrawals and betting available.
What is the current progress?
- Successfully migrated to XRPL
- Token swap in progress
- "Casino lobby xApp" in progress
- In talk with new exchanges
- Aim to list in one of the top 20 exchange
- One tier 2 operator already signed & in talk with other casinos
- Successfully migrated to XRPL
- Token swap in progress
- "Casino lobby xApp" in progress
- In talk with new exchanges
- Aim to list in one of the top 20 exchange
- One tier 2 operator already signed & in talk with other casinos
What are the plans & goals in 2021?
As per Daniel, CTO Eminence Ltd:
🚀400miliion+ market cap
🚀20miliion+ daily volume
🚀10 to 15 casinos partnership
🚀$0.01+ #CSC price
As per Daniel, CTO Eminence Ltd:
🚀400miliion+ market cap
🚀20miliion+ daily volume
🚀10 to 15 casinos partnership
🚀$0.01+ #CSC price
https://twitter.com/daniel_wwf/status/1382431089730392069
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