Revolutionizing Online Gambling: CoinGames’ New Decentralized Platform

CoinGames has unveiled a groundbreaking decentralized gambling platform, setting a new standard in the iGaming industry by incorporating cutting-edge blockchain technology and Web3 innovations. This platform marks the first of its kind, being fully licensed and dedicated to reshaping how online gambling operates.

What the New Platform Provides

The platform, a newly launched web3 casino, offers its users a secure and efficient online gambling experience enhanced by the latest in blockchain and smart contract technologies. This setup ensures that all transactions and gaming activities are both transparent and optimized for user satisfaction. CoinGames not only provides a vast library of over 10,000 casino games but also enhances user experience with features like instant withdrawals, daily promotions, and round-the-clock live customer support.

The ease of access is further complemented by faster registration processes and direct deposit methods that bypass traditional third-party intermediaries. This efficiency boost is crucial for enhancing the user experience and ensuring smooth gameplay.

Addressing Traditional Challenges

One of the most significant advancements made by CoinGames is in tackling the persistent issue of conversion rates within the online gambling sector. By eliminating the need to deposit funds upfront, the platform allows for transactions to be handled directly through smart contracts. This not only simplifies the process but has also resulted in a staggering 380% increase in conversion rates and a 200% boost in customer Lifetime Value.

Furthermore, the platform provides users with the autonomy to manage their finances freely. With non-custodial wallets, players have unrestricted access to their funds, allowing them to withdraw at their convenience without any limitations on time or amount.

Technological Infrastructure and Future Plans

All activities on the platform are recorded using a robust framework that operates on the Binance Chain and Polygon Chain, with future expansions planned to include Ethereum and Solana. This technological foundation ensures a seamless and secure gambling experience for all users.

A Milestone for CoinGames and the Industry

Edoardo Narduzzi, the president of CoinGames and a seasoned entrepreneur known for founding several successful ventures, described the launch of this platform as a “pivotal moment” not just for the company but for the entire online gaming ecosystem. Narduzzi emphasized that this initiative is poised to set a new industry benchmark for transparency and user control.

Currently, the platform boasts 20,000 active users and aims to expand its reach to up to one million players by year’s end. With a specialized gambling license in hand, CoinGames is well-positioned to operate its crypto-based gambling model within regulated markets, following in the footsteps of other significant industry projects like crypto casino FoggyStar, which garnered $5 million in investment for its development last year.