The combination of blockchain technology and gaming is expected to become a growing aspect of the online gaming industry. The blockchain technology, in a way, is able to solve several online gambling problems and enable a safe and fair gaming platform. A blockchain-based crypto casino is based on a decentralized technology that assures the casino cannot influence the betting results or payouts in any way. This contributes to the rise of the gaming industry and has a massive impact on its growth.
Fairspin is an online gaming casino that features an array of top-notch games combined with an advanced decentralized blockchain network that allows users a new way of playing casino games.
Fairspin Using Smart Contracts to Guarantee Transparent Payouts
Fairspin, a blockchain-based casino that uses smart contracts, offers online players to check the integrity of all betting outcomes through its TruePlay Blockchain network. The TruePlay is a licensed B2B platform providing solutions for online gaming casinos.
“Our bet on transparency proved to be a success because that’s what iGaming really lacks,” said one of the team members. “Each spin in every game is recorded on the blockchain. This allows players to track all gaming stats and be sure of getting fair payouts.”
In fact, all Fairspin games run-through smart contracts that cannot be altered and as a result, users’ bets are anonymously displayed on the TruePlay blockchain network. Users can track stats of different games that reveal the payout percentage and the number of bets made on a specific game, Moreover, players have access to the ratio of wins and losses as well as to the casino’s balance.
Players can fund their accounts via Bitcoin and Ethereum, though transactions on Fairspin can be made with TPLAY Tokens. The TPLAY token is a cryptocurrency released by the TruePlay platform and its value is fixed against Ethereum. Fairspin informs that 1 ETH = 1000 TPLAY and once a user has won 1000 TPLAY tokens, a withdrawal can be made.
Fairspin is a blockchain-based online crypto casino operated by Techcore Holding B.V., a registered company under the laws of Curaçao. The online crypto casino offers a variety of online casino games such as slots, roulette, card games, video poker, lottery and more. The company takes pride in working with leading game providers such as NetEnt, Microgaming, and Spinomenal. The ultimate goal of Fairspin is to deliver transparent and trustable online casino for players that are looking for a provably fair betting platform.
Fairspin’s success did not go unnoticed and last year, Fairspin was nominated for a number of awards in the gaming industry including the EGR Operator Awards and SBC Awards. The company has also participated in some of the most prestigious iGaming conferences including the iGB London conference, the SIGMA conference and many more.
Fairspin offers a welcome bonus for new players that vary from 75%-200%. Check this page to learn more about Fairspin’s bonuses and promotions.
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Fairspin Website: https://fairspin.io/