Search Inside Bitcoins

VeChain-Based Plair Platform Partners With Tron-Based JustBet Platform

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

The VeChain Foundation Partners With Cyprus’ Grant Thornton
The VeChain Foundation Partners With Cyprus’ Grant Thornton

Join Our Telegram channel to stay up to date on breaking news coverage

Through a press release, Plair, a gaming platform based on VeChain, has announced its new partnership with JustBet, a Tron-based platform. This partnership will aim to enable decentralized betting within the VechainThor blockchain network. As the announcement stipulates, Plair itself is a platform based on VeChainThor, and envisions a future where betting can be made easy and accessible for a wide audience. The platform itself provides its users with access to DApp development tools, rewards, as well as streaming services, among others.

Betting Services Banding Together

JustBet stands as a platform based on Tron, and claims to be the first-ever decentralized platform for betting games. It allows a user to bet their hard-earned money on things like lotteries, dice, baccarat, poker, as well as other betting games. JustBet operates without the need for an intermediary’s intervention, operating on the WINR TRC20 token.

Due to the two platforms being from different blockchains, the release has stated that this partnership will see to the growth of the VeChain ecosystem. This is due to the cross-chain partnership that this entails. JustBet will see itself integrated within VeChainThor through the use of the Proof-of-Authority protocol for multi-party payments. This will allow users to gain access to Vechain’s VET token, as well as Plair’s PLA token, to use in their bets within the JustBet platform.

Gaining As Many Users As Possible

Alongside this, Plair will integrate smart contracts and a VeChainThor wallet into the platform of JustBet, serving as an advisor and strategic partner. Through doing so, users of Plair and the community of VeChain at large will be able to play games with each other, alongside adding value and utility to the VeChain ecosystem as a whole.

The integration between JustBet and VeChain will enable other projects based within the VET token to push into the betting platform, as well. The statement detailed that the integration of the PLA tokens runs in tandem with the betting platform’s vision. According to the platform, this vision is to make everyone a winner.

The Mandatory Kind Words

Ali Ömer Horzum stands as the founder of JustBet, and described this partnership as an opportunity to grow within the blockchain gaming market. This can be done through the promotion of cross-chain as well as community integration.

Patrick Tang stands as the CEO of Plair, and gave a similarly positive comment about the matter at large. He stated that Plair was excited to have JustBet incorporate PLA and VET to its gaming ecosystem. He claimed that JustBet would add value to the ecosystem of VeChain. As such, Tang claimed this was a win-win situation for Vechain, Plair, and JustBet.

Join Our Telegram channel to stay up to date on breaking news coverage

Read next