New crypto casino to launch with $CASINO token sale
A new crypto casino is on the way with the site’s launch including a token sale.
The CryptoCasino.com platform is set to become available on November 19, with an online site also being joined by a Telegram crypto casino option.
It comes from an iGaming company called Armchair Online BV, which stated its goal is to revolutionise the world of blockchain gambling.
In a statement, it said: “Led by an experienced team that has built multiple successful iGaming operations in the world of sports betting, poker, and affiliate services, CryptoCasino.com will deliver an unmatched betting experience for crypto users.”
Crypto casinos have become increasingly popular all over the world in recent years, with players able to deposit in a variety of cryptocurrencies without necessarily needing to share any of their financial or personal information with an iGaming operator.
But some countries have been making moves to restrict or ban crypto casinos, with the new CryptoCasino yet to confirm which markets it will be targeting in its initial launch.
The site will be offering crypto casino players the chance to enjoy more than 6,000 online slots and table games, with a live dealer department also included along with sports betting.
Companies such as Pragmatic Play and Evolution Gaming have their games on the new site.
Its customer service area boasts 24/7 live chat support while over 25 top cryptocurrencies have been confirmed as being supported via MetaMask or Trust Wallet.
Telegram casino integration is said to be key to the planned success of the CryptoCasino.com platform, with over a billion people having signed up to use the social network messaging app.
An ERC20 token called $CASINO is being released alongside the crypto casino with players able to get their hands on it this week, initially through a special VIP round.
Every month, the operator of the casino Armchair Online BV says half of CryptoCasino.com net profits will be used to buy $CASINO tokens from the open market. When this happens, the tokens will be burned, which the company expects to lower its supply and create scarcity.
Holders will also be given the chance to use their $CASINO tokens to get incentives including 15% cashback on bets made and a 200% deposit bonus
There will also be a VIP players scheme at the new crypto casino, which is licensed under Curacao and Anjouan gaming authorities, to reward users’ loyalty.
