• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • What is Bitcoin?
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • What is Bitcoin?
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Sponsored

Blockchain Innovations Meet Classic Casino Experience on Fairspin.io

Guest Author by Guest Author
1 year ago
in Sponsored
Reading Time: 2min read
Advertisement
Nexo Logo
Listen to Article

Blockchain has a huge potential for boosting the online gaming industry but, with a traditional approach to blockchain implementation in iGaming, realizing that potential may take quite a while. Casino games built on blockchain ensure transparency and security but compromise on user experience. At the moment, blockchain games are few and they can’t compete with traditional games in terms of graphics and performance. They can attract blockchain enthusiasts but mass adoption is not in the cards for now.

However, as it turned out, blockchain games are not the only option for implementing blockchain tech in gambling. Fairspin.io is the first online casino to combine blockchain-powered transparency of gaming data with classic games from leading providers such as NetEnt, Microgaming, and others. To make this possible, it utilizes a complex technology developed by TruePlay, a platform providing a ready-to-use blockchain solution for iGaming projects.

All transactions on Fairspin are conducted in TPLAY tokens while all game events are recorded in a smart contract. As a result, players are able to check their deposits and payouts on a blockchain explorer, e.g. Etherscan.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Thanks to that, anyone can see that in its first full year of operation the Fairspin casino paid out to players more than 40,000,000 TPLAY. 1 TPLAY equals 0,001 Ethereum, so it’s more than 40,000 ETH of winnings in a year, which is almost $6M at the moment.

We can also highlight the biggest single-transaction payouts on Fairspin:

9/10/2019 – 44 ETH
12/7/2019 – 34.5 ETH
11/22/2019 – 30.1 ETH
10/4/2019 – 30 ETH
9/28/2019 – 29 ETH

It’s also possible to track stats of particular games and players (without exposing their personal data). For instance, in 2019, the biggest single-session wins on Fairspin occurred in the following games:

1) 300 Shields – $8938 in one game session

2) Book of Gold – $7695 in one game session

3) Invisible Man – $7502 in one game session

Such figures are only possible with a solid base of active players and Fairspin managed to build such a base impressively quickly.

This rapid progress didn’t go unnoticed by iGaming industry experts. Last year, Fairspin was nominated for a number of prestigious awards including EGR Operator Awards and SBC Awards (both in the Rising Star category). The Fairspin team also participated in major iGaming conferences across the globe (SiGMA, iGB London, MAC, and more) to spread the word about the new way to implement blockchain in iGaming.

This way is clearly paying off for Fairspin but also for its players as they can enjoy the classic online casino experience combined with the next-gen blockchain-powered security and transparency.

TweetShare
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Guest Author

Guest Author

Related Posts

Folgory

A Debit Card for Your Coin with Folgory

2 hours ago
OWNR Wallet

OWNR Wallet Ends 2020 With the Launch of VISA Prepaid Crypto Card and its Own Crypto Exchange

2 weeks ago
BIG2.WIN: Play One of the Most Familiar Games in a Crypto Setting

BIG2.WIN: Play One of the Most Familiar Games in a Crypto Setting

2 weeks ago
yfdai finance, safeswap. yfdai launchpad

YFDAI Finance on Path to Push DeFi to the Limit, Starting with SafeSwap and Launchpad

2 weeks ago
crypto.com

Best Ways to Buy Bitcoin on Crypto.com

2 weeks ago
ttm bank

TTM Bank Launches Global Crypto Card

2 weeks ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Changelly

Changelly

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

SV-based Taraxa Revolutionizes Legacy Data Auditing With Mathematically Provable Audit Trails

January 15, 2021

Kickoff Your DeFi Journey With YOYO FINANCE – Their Token Sale Is Live

January 14, 2021

RAI Finance Pre-sale Finishes in 1 Minute

January 13, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • What is Bitcoin?
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Gamble +
  • Play Games
  • BUY BITCOIN

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.