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Ofertas365 Launches Crypto Millions Lotto

Niji Narayan

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Ofertas365 Launches Crypto Millions Lotto
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Ofertas365 Limited has launched Crypto Millions Lotto, the world’s largest online crypto lottery. Crypto Millions Lotto provides a unique opportunity to play with Bitcoin and win Bitcoin as prizes. Customers will receive three free lines as an introductory offer. The jackpot starts at a whopping US$30 million and rolls over until it is won.

Crypto Millions Lotto effectively bypasses the qualifying requirements of residency and any need to participate in local currency, which are common playing conditions of many existing lotteries around the world. Key to Bitcoin’s appeal is the payment freedom it provides, whereby it can be sent and received anywhere in the world, any time.

One of the most significant features is the major step it represents in bringing the world’s most widely used alternative currency further into the mainstream.

“We are delighted to launch Crypto Millions Lotto and believe that giving away three chances to win prizes worth tens of millions of dollars will encourage Bitcoin usage and adoption. Our affiliation with two top notch fiat-to-crypto exchanges – Coinbase and Wirex – will ensure new players get the best possible user experience, the cheapest fees and the most competitive fiat-to-Bitcoin conversion rates,” Sulim Malook, CEO at Ofertas365 said.

For Bitcoin holders, starting to play for the coveted US$30 million jackpot is quick and easy. For those who need to buy Bitcoin, they are directed to market leading affiliate partners – Coinbase and Wirex.

“In common with our partners Ofertas365, Wirex also know about delivering a unique service. As the world’s only licensed business account that allows payments in both crypto and traditional currency, we are pleased to provide our service to Crypto Millions Lotto. Our UK Financial Conduct Authority approval will provide the financial security that players require. Wirex delivers unbeatable value, flexibility and transaction speed combining the efficiency of cryptocurrency payments with the universal acceptance of traditional fiat currency accounts, on a global scale,” Pavel Matveev, CEO of Wirex said.

These capabilities make a perfect match, as Ofertas365 is licensed to operate in more than 100 countries which include anywhere online gambling is not prohibited.

“We believe our lotteries and games will provide a great deal of enjoyment because it’s much more fun to win Bitcoin than fiat currency! We welcome further collaborations and partnerships that will expand and guarantee our offering,” Sulim Malook added.

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Bitcoin

FreeBitco.in Takes the Reins of FUN in Multi-Million Dollar Token Acquisition

George Miller

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FreeBitco.in Takes the Reins of FUN in Multi-Million Dollar Token Acquisition
Reading Time: 3 minutes

 

Through a series of ventures, FreeBitco.in seeks to promote the mass adoption and utilization of FUN Token in the iGaming and Gaming spaces.

FreeBitco.in, one of the biggest Bitcoin iGaming websites in the world, has acquired the majority of FunFair’s remaining cold storage of FUN tokens, the native cryptocurrency of the FunFair gaming ecosystem. The cold storage holds 4.45 billion FUN Tokens and FreeBitco.in has acquired 3.75 billion tokens.

Through this acquisition, FreeBitco.in plans to invest in the token’s long-term development.

“Since 2013, FreeBitco.in’s goal has always been to provide online gaming enthusiasts with a frictionless, transparent, and truly fair experience,” said a statement by FreeBitco.in. “There’s no better fit than the FUN token to help us significantly enhance our efforts.”
The FUN Token
Since 2017, FunFair Technologies has been striving to deliver a guaranteed fair, decentralized gaming experience to the mass market through blockchain technology utilizing the FUN token.

“Despite several industry firsts and significant milestones in proving that use case, it has recently become apparent that FreeBitco.in has developed a different and superior use case for the FUN token,” said a statement released by FunFair.

This announcement refers to FreeBitco.in’s Premium Membership Program; a feature that incentivizes FreeBitco.in users to buy and hold FUN tokens for significant benefits. This activity has driven considerable volume into the token economy without the burden of significant on-chain transactions.

“There’s no doubt that FreeBitco.in’s customers are currently generating the bulk of FUN token commercial activity rather than FunFair’s customers,” continued the statement.

“With this in mind and for the token economy to maintain its recent success, FunFair has agreed to sell the majority of their FUN token holdings to FreeBitco.in.”

FUN is an ERC20 token listed on major exchanges Binance, BitFinex, HitBTC, Changelly, and OKEx, as well as decentralized exchanges like Uniswap.
FreeBitco.in’s Vision for FUN
FreeBitco.in aspires to grow the FUN token as an independent entity through a series of upcoming projects.

“Our sole objective, as of now, is to work to increase FUN’s utility and value,” said FreeBitco.in. “We’re thoroughly committed to its long-term growth.”

Accordingly, FreeBitco.in is preparing to undertake the following initiatives:

1. Strategic Burning of Tokens: FreeBitco.in plans to invest a substantial portion of its bottom line into strategically acquiring and burning FUN tokens to elevate their value over time.

2. Improving Liquidity: FreeBitco.in is working on increasing FUN’s liquidity across all markets, thus making it easily accessible and tradeable. This is evidenced by a cumulative influx of $3 million in the FUN/ETH and FUN/USDC trading pairs on Uniswap recently, and other exchanges are set to follow.

3. New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.

4. Dedicated Wallet: FreeBitco.in is working on creating a dedicated wallet for FUN users that can operate seamlessly between different iGaming platforms. The wallet would also help users convert their FUN tokens into multiple crypto and fiat currencies.

5. Proactive Development: FreeBitco.in is assembling a development team to build innovative, consumer-facing apps based around the FUN token, thus creating more use cases, strengthening utility, and promoting adoption.

6. Creating Effective Partnerships: FreeBitco.in seeks to build productive partnerships and affiliations with other iGaming entities to promote FUN’s identity as a transactional currency in online gambling.

Note: This is not a partnership between the two organizations, namely FreeBitco.in and FunFair Technologies. The aforementioned acquisition and venture is at the sole discretion of FreeBitco.in.

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Bitcoin

BitBoss Announces Completion of its Integration with DotWallet

Niji Narayan

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BitBoss Announces Completion of its Integration with DotWallet
Reading Time: < 1 minute

 

BitBoss has completed the integration of its blockchain-based casino application with DotWallet, the popular China-based Bitcoin SV-powered digital currency wallet and application ecosystem.

As a result of the integration, DotWallet users will gain native access to the BitBoss iGaming platform, which is now available for download from the DotWallet App Centre.

DotWallet users can log in to the BitBoss game platform automatically – without the need to register – and are able to start playing after activating automatic payments. Transaction flows and order details, as well as features such as automatic payment limits, are all provided natively within DotWallet, which, together with the security technology integrated with the BitBoss platform, ensures a secure and transparent experience for players at all times.

“Today’s news marks the culmination of a months-long process between the BitBoss and DotWallet teams to integrate our leading iGaming technology with their successful digital currency platform. We are excited to be able to offer DotWallet’s substantial userbase an iGaming experience which puts fairness first and look forward to working with their team further as we continue to innovate with BitBoss,” Matthew Dickson, CEO of BitBoss, said.

“At DotWallet, we believe that there is a bright future for Bitcoin SV-based iGaming applications such as BitBoss, that ensure fairness and honesty for all players. We are delighted to see the combined efforts of our two teams go live today and demonstrate the benefits of a more efficient and transparent digital ledger with Bitcoin SV,” Lin Zheming, CEO of DotWallet, said.

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Bitcoin

10 Years of Crypto Gambling in 1 Picture

George Miller

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10 Years of Crypto Gambling in 1 Picture
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A Thing to celebrate or a thing to mourne? That’s what’s the real value behind Bitcoin, it’s never one-sided. 10 years of cryptocurrency in the gambling industry may be good news for the players themselves, but for the governments, it’s devastating.

For a decade now, Bitcoin and every other altcoin used on casino websites have thwarted plans of banks and other financial institutions surveilling the monetary activity of their clients. The moment a casino transaction was noticed, the user would immediately be fined with a decrease in their credit score.

Thankfully, that is soon coming to an end. Thanks to a comprehensive infographic created by BitcoinCasinosReviews, we can see how far crypto has come in gambling, and just how further it can still go.

For additional information visit: https://bitcoincasinosreviews.com/

Been there done that

With just a glance at the infographic, we can see that crypto has gone through absolutely everything that the gambling industry could throw at it in the past 10 years.

And at the end of it all, it still stands as strong as ever. Here’s to another decade of success for BTC in the iGaming industry and beyond.

 

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