Crypto casino teams up with decentralized launchpad
A crypto casino has confirmed it is joining forces with the Bazaar decentralized launchpad.
Shuffle’s new partnership with Bazaar is designed to bolster its liquidity bootstrapping pool (LBP), a process that got under way on March 10 is set to run until March 14.
Cross-chain accessibility will be facilitated with users on Ethereum, Base, Arbitrum, Polygon, ZkSync and Optimism as a result of the newly announced move, the crypto casino said.
Shuffle – which has a range of games including various live dealer tables – also has an airdrop ongoing, with 10% of the 1 billion SHFL token supply set to be distributed during the process.
“This partnership between SHFL and Bazaar signifies a leap forward in token launch methodologies, promising an equitable, secure, and dynamic participation experience for our community,” said the site’s statement.
“Following the LBP’s conclusion, Airdrop 1 will be claimable on the platform, marking the end of SHFL’s first airdrop and the full launch of the SHFL token.”
The crypto casino previously said it was planning a series of three separate airdrop events. The idea is for a further 9% of the supply to be released in the second and third airdrops at Shuffle.
“Bazaar makes the launch of SHFL as open as possible. We’re super excited to be working with them for the first step in our launch of SHFL and our airdrop,” a Shuffle representative was quoted as saying by The Block.
The first airdrop from the crypto casino was exclusively targeted at players who had signed up for accounts on the site at least 12 months ago, therefore rewarding their loyalty. Players who got tokens through the first Shuffle airdrop were immediately able to use them on casino games of their choice, rather than being made to wait for them to be unlocked at a later date.
A whitepaper that was released by the Shuffle crypto casino detailed the precise plan for the airdrops, with SHFL set to be used as a wager asset and also having a buyback-and-burn.
Shuffle.com was launched into a crowded marketplace back in February 2023 and has since taken close to three million bets during that period, signing up some 35k users in that time.
“SHFL will unlock the next wave of innovation in the casino industry and cement Shuffle as the most rewarding casino on the market,” said the crypto casino’s whitepaper.
