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London, England, April 11, 2024, Chainwire
The Web3 platform offers blockchain-based, intelligent, contract-based online casino and sports betting
CoinGames, the first fully licensed decentralized gaming platform, has launched, offering users a secure and optimized online casino service powered by the latest blockchain and smart contract technology. CoinGames web3 Casino allows for instant withdrawals, access to daily promotions and 24/7 live support for the over 10,000 games on offer. By implementing these technologies, players can enjoy an easily accessible platform with optimization, transparency and entertainment at its core.
Coingames addresses the biggest challenge facing the online casino industry today, which is conversion rate. As the only true Web3 casino, players do not need to deposit any money to play as the entire gaming session is handled via the smart contract, removing a major barrier to participation. This innovative approach has resulted in a 380% improvement in conversion rates and a 200% increase in customer lifetime value (LTV).
Users benefit from shorter registration and deposit wait times without having to resort to third parties who complicate and slow down the processes at every turn. Players retain full autonomy over their funds, with no restrictions on when or how much they can withdraw using their non-custodial wallets. All transactions are completely transparent and recorded in the CoinGames framework based on the Binance chain, the Polygon chain and soon after. The implementation of these decentralized technologies and frameworks contributes to an unparalleled user experience that is both completely secure and optimized.
“The launch of CoinGames as the world’s first fully decentralized gaming platform marks a pivotal moment not only for us, but for the entire online gaming ecosystem,” said Edoardo Narduzzi, President of CoinGames and serial entrepreneur who has founded many successful companies, including NETikos and TechEdge and Mashfrog Group. “By integrating blockchain and smart contract technology, we are setting a new industry standard for transparency and user control. This is the future of gaming, safe, user-focused and endlessly exciting. We are proud to lead this push and invite players to experience the CoinGames difference, where innovation meets entertainment.”
CoinGames is currently used by 20,000 users, with the goal of maintaining 1,000,000 users by the end of the year. The platform has secured a special gambling license that allows Coingames to operate its unique crypto-based gambling model in a regulated environment. This has been paramount in maintaining the trust and security of the platform's users and has provided a solid foundation upon which to build the future of decentralized online gaming.
CoinGames is currently launching its CoinGames token, initially available to retail investors and then to the public through pre-sale and public sale phases. Soon, their NFT collection will also be ready for direct purchase on Magic Eden.
About CoinGames
CoinGames is revolutionizing the iGaming industry by leveraging the latest blockchain technology. Through innovation in Web3 development and adoption, CoinGames aims to transform the gaming sector, with a particular focus on environments rich in high-frequency microtransactions and on developing blockchain solutions to facilitate the expansion of decentralized business operations.
For more information, users can visit CoinGames | official website Twitter | discord | Blog
ContactcommunicationRonnie WelchVEW media[email protected]
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