Gaming is, without doubt, the most popular use for cryptocurrencies today. The entire gaming sector is on the brink of a transition, where the industry is embracing innovation and change by adopting a decentralized approach to money.
For instance, FortuneJack, a platform created by gaming professionals boasting of more than 20 years of experience in the scene, will soon be adopting cryptocurrencies on its platform. Moreover, the platform’s users will have a say over which coins get integrated into the platform.
Coin Primaries
According to an insider brief, Coin Primaries is a new campaign from FortuneJack, taking community involvement in product development to the next level. On the particular page, the users of FortuneJack will be able to vote for a coin they wish to be added on the website’s deposit and withdrawal method.
This initiative by FortuneJack creates a massive win-win situation where coin holders get to open a whole new market for actual adoption of their coins. The competition will feature four coins, with each representing certain characteristics beneficial to gambling with digital currencies. These coins have gained massive notoriety for their approach to privacy, network costs, transaction speed, dApp support, and smart contracts among others. This comes down to four coins namely Tron (TRX), Verge (XVG), Ethereum Classic (ETC), and EOS.
Why should coin communities be involved?
FortuneJack was created with both newcomers and veteran gamblers in mind, enabling them to find great entertainment on the platform regardless of the preferred online gambling experience. Hence, FortuneJack is calling communities of coin holders to unite and support their currency in voting, as well as enjoy the diverse selection of games on the platform. The winning coin will be added to its platform within two months following the close of the voting period.
The iGaming industry has been the avant-garde for cryptocurrency adoption since the early days of Bitcoin. More than half of all the cryptocurrency transactions on the blockchain were due to gambling-related activities. With the support of gambling platforms, the coins that are just held will have an opportunity to move, and with more movement, the value of the respective cryptocurrencies, along with their adoption will increase as well.
The Value of Gambling on FortuneJack.
Every day, well over 300 crypto bets are made per second, and over half of monthly crypto transactions are betting related. This is beneficial to mainstream crypto adoptions as use cases in the real world attract investors, driving mass adoption. It also means that a coin added to a crypto casino can actively reward adopters by keeping the currency moving and encouraging adoption.
Further, gambling is a fun and exciting way to make a profit if you bet responsibly. Setting time limits, budgets, goals, and developing good strategies are all great ways to practice responsible gaming. In fact, gambling responsibly is the only type of betting we support. While we can only guarantee complete fairness, the players who set limits and develop familiarity with the games experience hours of fun and big payouts, every day.
The campaign was launched on Thursday, 24 January 2019 at 08:00 UTC and scheduled to run to Thursday, 7 February 2019 at 08:00 UTC, when all voting is expected to stop.