MECA Casino to employ blockchain technology to boost trust in online gambling

MECA Casino is planning to launch a new blockchain-based platform that aims to improve the trust quotient of online casinos through the innovative use of blockchain technology. The MECA Casino platform is a decentralised application, making use of the ICON blockchain.

The MECA developers believe that ICON was the most suitable because of transactional speed, reliability, and transparency, which enables the team to “generate random, confirmable results and smart contracts to ensure accurate payouts.”

The new platform aims to solve a perennial deficiency of casinos: that the possibility of casino winnings being manipulated through the non-random generation of game-utilised numbers by casino operators or hackers.

Casino identified this credibility issue. As online gambling websites are relatively obscure and backed by anonymous individuals, there is no way for players to know whether or not the games they are playing are free of bias. With blockchain technology, however, the company can introduce transparency and trust to online games. The decentralised nature of the platform means that players can easily verify and audit results themselves at any time.

The platform is capable of supporting individually-owned casinos and related assets. Those looking to provide games as a service can purchase the rights to such a casino and then earn revenue whenever users play games there. Users will also be able to control the decor and interior layout, that will potentially lure more players to their specific casino.

The company is also offering a radical decrease in service fees charged to the end user. It plans to do this by introducing a cryptocurrency named MECA Coin (MCA) and charging a house edge that is a mere one-tenth of the industry average.

A key portion is making the games and environment high-quality and fun, not just speculation. These games are being produced with HTML5 and can potentially run on any device with a modern web browser. Development is well underway, with several seven complete titles at the time of writing. Furthermore, in 2019 MECA Casino will also offer a sports betting platform.

Their classic table games include Blackjack, Texas Holdem; and Baccarat. The casino also has several slot machine games with cutting-edge graphics and a variety of themes, such as outer space and Greek mythology. These games are an enhanced version of the real casino experience.

Scheduled Launch And Token Sale

It plans to do this by proposing a cryptocurrency named MECA Coin (MCA) and charging a house edge that is a mere one-tenth of the industry average. These

MCA tokens are scheduled to be sold in two fundraising rounds, public and private. While the latter is expected to run sometime this month (August 2018), there has been no set date for the public sale yet. A total of 2 billion MCA tokens will be offered across both fundraising events.

The MECA Casino team is aiming for a platform release in the third quarter of 2019 with a variety of games available immediately at launch. Development will continue on the project and within three to five years, many more “high-quality games” will also be made available.

Source: bitcoinexchangeguide.com