DAOWallet integrates into 1Click Games platform – European Gaming Industry News
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DAOWallet integrates into 1Click Games platform

George Miller

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DAOWallet integrates into 1Click Games platform
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Partnership sees 1Click Games debut the DAOWallet crypto payments solution

 DAOWallet, the B2B cryptocurrency-fiat gateway provider and partner in DAOGroup, has agreed to a full integration with igaming platform 1Click Games.

End-users of the platform will now be able to seamlessly deposit and withdraw cryptocurrencies at 1Click Games’ partner brands without complex exchange requirements, with operators also protected against chargeback fraud.

DAOWallet supports player transactions in Bitcoin (BTC), Ethereum (ETH), a variety of stable coins, as well as DAOGroup’s proprietary token BET. Player deposits can also be made via credit card, giving players full flexibility in their choice of payment, while operators are also supported with a range of fiat currency settlement options.

Secure crypto payments processing, fully protected against chargeback fraud and without any extra charges or complex processes, is key to attracting new casino players who want to take advantage of the benefits cryptocurrency delivers.

This new partnership with 1Click Games will allow its operators to easily support cryptocurrency deposits and withdrawals for their players across all markets and requirements.

Players and operators will both benefit from instant transactions at the best exchange rates, with operators also able to choose from a variety of invoice options and the ability to convert into fiat currency at any time.

DAOWallet will cover all KYC and AML procedures as part of its mandate; and will also allow 1Click Games to track the provenance of all cryptocurrencies coming into its wallet, allowing for casino management to identify incoming VIP players, as well as red flag any potentially problematic historical use of the coins.

Commenting on the integration, DAOGroup’s CCO Glen Bullen, said: “Easy, secure crypto payments are demanded by a vast, unserved audience around the world, and integrations like this, with the innovative 1Click Games, can now give this market access to the best casino experiences around.

“1Click Games share our view that cryptocurrency payments are inevitably entering the mainstream, and we’re very pleased to kick our partnership off and help deliver new revenue streams through this offering of our solution for their players.”

Maxim Terehovich, CEO at 1Click Games, added: “This cooperation with payment solutions provider DAOWallet is very valuable for 1Click Games because we always focus on our clients and operators.

“Market trends research gave us a full insight into the rapid development of the cryptocurrency market and 1Click Games is glad to give our operators the possibility to reach a vast audience of cryptocurrency users who would have previously struggled to find a service in the traditional gaming and betting space.

“We now have a wide range of payment options for our operators and we now feel more flexible to adapt to market tendencies and our client’s needs. This partnership helps us to be more competitive and now we can provide the best experience for those who are interested in Bitcoin casino operation.”

DAOWallet is available immediately to all iGaming operators looking for a payment solution for the growing cryptocurrency market. For more information, visit https://daowallet.com/

Blockchain

AC Milan To Join Sports Crypto Movement With Launch Of $ACM Fan Token

George Miller

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AC Milan To Join Sports Crypto Movement
Socios.com & Chiliz CEO Alexandre Dreyfus (left) with Chief Revenue Officer for AC Milan Casper Stylsvig (right) at the official signing of the partnership in the new studio at the club’s Casa Milan headquarters.
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Italian football giants AC Milan, in partnership with fintech blockchain company Chiliz, have announced plans to launch an $ACM Fan Token on the fan engagement and rewards platform Socios.com in the coming weeks.

AC Milan are among the most successful clubs of all time, with 18 FIFA and UEFA trophies to their name in addition to 18 Serie A titles and a massive global fanbase estimated at 450 million, including a significant following throughout Asia.

$ACM Fan Token owners will be able to access a wide range of benefits including the right to vote in multiple club decisions each season, VIP rewards & experiences, exclusive club and sponsor promotions, games, competitions and ‘super-fan’ recognition.

The club joins a list of 19 major sporting organizations who have partnered with Socios to launch Fan Tokens, including FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Atlético de Madrid, Galatasaray and Trabzonspor. Leading esports organizations Team Heretics, NAVI, OG and Alliance have all launched Fan Tokens on the platform, while UFC have signed a global fan engagement agreement and fellow MMA organisation the Professional Fighters League will launch a Fan Token in the coming months. More major clubs are set to launch Fan Tokens in the near future.

Notable examples of fan engagement through Socios include fans of Apollon FC choosing the first team for a friendly match and the club’s home and away kit for the 2021/22 season. Juventus fans chose the club’s new goal celebration song, decided on a limited edition redesign of the iconic ‘J’ logo and the first team bus for the 2020/21 season. Supporters of FC Barcelona placed a unique fan designed artwork at the heart of the Camp Nou dressing room, Roma fans delivered questions direct to head coach Paolo Fonseca in a live press conference and PSG fans chose a unique message for the captain’s armband as well as voting on their end of season awards through the app.

Powered by the utility token Chiliz $CHZ, Socios is one of the most active non-financial, consumer-facing mainstream blockchain products in the world. In just over a year it has been downloaded by more than 450,000 people, over 14M Fan Tokens have been sold, and over 700,000 votes registered on the blockchain. In total, Fan Tokens have generated over $30M USD for clubs and partners in a little over 12 months. In late December and early January several Fan Tokens were listed on major global exchanges driving significant activity, with $PSG and $JUV trading volumes hitting a 24 hour high of $300M in late December.

Fans who purchased ‘Milan Devils’ Tokens using Socios pre-sale feature Locker Room will have their tokens transformed into $ACM Fan Tokens upon launch. Locker Tokens for Manchester Bluand The Galácticos have sold out.

Casper Stylsvig, Chief Revenue Officer of AC Milan said: “We are happy to join hands with Socios and welcome them to our family as a global partner. This partnership allows us to give our 450 million fans across the world another exciting way to interact with AC Milan, which is particularly important under the current circumstances created by the Covid-19 pandemic.

“As an innovative Club, one of our focus areas is modernization and this partnership helps us complete another important step in that direction.”

Alexandre Dreyfus, CEO and Founder of Chiliz and Socios said:  “I’m delighted to welcome AC Milan and their 450 million fans from across the world to Socios.

“Fans of the I Rossoneri  will be able to enjoy unprecedented engagement with their favourite team, influencing the club in polls, accessing VIP rewards, exclusive promotions, chat forums and much more.

“The AC Milan partnership is a great start to a year in which we will work harder than ever on our mission to fully establish Fan Tokens as the ultimate fan engagement tool and as a powerful new revenue generator for the sports industry.”

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Blockchain

Fortunejack introduces Christmas promotion

Zoltan Tundik

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Photo by Clifford Photography on Unsplash
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Famous Bitcoin Casino FortuneJack decided to spice things up in the final stretch of 2020. With its latest promotion “Happy Hours” FJ is offering its community daily competitions which reap tons of pleasant prizes in the form of cash or free spins. In total there will be more than 150 such happy hours within a period of the month and players will have the opportunity to compete against each other for the rewards. This promotion is one of the most massive offerings we’ve come across in the gambling industry for the holidays.

FJ Casino as a whole

While the “Happy Hours” promo is definitely something interesting, maybe it’s better to first mention several details about one of the oldest BTC Casinos in the world. FortuneJack was established in 2013, at the time when most of the gambling industry was oblivious to the concept of Bitcoin Casino. This Casino offers more than 2000 games in the following categories: Live Casino, Slots, Video Poker, Table Games, and the crowd favorite, provably fair games. FJ is one of the few Bitcoin casinos that also offer full-blown Sportsbook on their platform, so you can easily bet on your favorite sports using crypto.

Back to Happy Hours

The Holiday promotion will run for the whole month, starting from the 21st of December all the way to the 20th of January. There will be 5 daily happy hour competitions, each with a certain reward and rules of participation. The winners will be decided on the leaderboard by the Highest Multiplier, highest wins, highest wagers, the sum of total multipliers, Win & Loss streaks, and Cashbacks. All these criteria will define the player positions on the hourly leaderboards. All you need to do is verify your FJ account and Start Playing.

What can you win?

The official information about “Happy Hours” provides details about the rewards in such a fashion. There will either be cash or free spin prizes. The minimum for both will be either $500 or 600 free spins, for every single hourly competition. In total any player can come out with some serious profit by the end of the promo. Also, if you’re a new player on this Bitcoin Casino, you’re eligible for up to 6BTC Welcome Pack and 250 Freespins, as your first deposit bonuses.

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Cryptocurrency

300M in 24 hours: PSG and Juventus lead sports crypto charge

George Miller

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300M in 24 hours: PSG and Juventus lead sports crypto charge
Reading Time: 2 minutes

 

Yesterday marked a new dawn for crypto in sports as the leading forces in Italian and French football have listed digital assets on three of the world’s biggest cryptocurrency exchanges in partnership with the leading fintech blockchain company Chiliz driving 24 hour trading volumes of $300M.

The digital assets, known as Fan Tokens, for Paris Saint-Germain ($PSG) and Juventus ($JUV) listed on the world’s leading exchange Binance at 07:00 CET, before trading began on major Turkish exchange Paribu at 10:00 CET and top Korean exchange Upbit at 13:00 CET.

At the time of writing the 24 hour volume for $JUV stands at $150M USD, with $PSG at $121M.

The $PSG market cap now stands at $51M. $JUV is at $46M. $PSG price rose by 198% in 24 hours to €32.75, more than 16X the launch price of €2. $JUV rose by 113% to €28, a fourteen-fold increase on the launch price of €2.

$JUV and $PSG are now second and fourth in the list of top performing tokens globally as shown by the leading cryptocurrency data authority. Details on the evolution of $PSG and $JUV since launch can be found here: PSG CoinMarketCap and JUV CoinMarketCap.

The club listings are a result of strategic partnerships with Chiliz, a fintech blockchain company that provides some of the biggest sporting properties in the world with engagement and monetization opportunities through Fan Tokens on the fan influence and rewards app Socios.com.

Paris Saint-Germain and Juventus will be the first of many leading sporting organisations to have their digital assets listed on major exchanges. 18 more leading sporting organisations have partnered with Chiliz to date, including soccer clubs FC BarcelonaAtlético de MadridAS RomaGalatasarayTrabzonsporIstanbul Başakşehir and Esports organisations HereticsNAVI, Alliance and OG. Chiliz have also struck up agreements with the UFC and fellow MMA outfit the Professional Fighters League (PFL). Dozens more top-tier organisations and IPs from sports and entertainment are poised to join the roster of Chiliz partners in the near future. The combined total market cap for all Fan Tokens has now reached $151M. Total 24 hour volume for all Fan Tokens is $300M.

Powered by the utility token $CHZ, Socios.com is one of the most active non-financial, consumer-facing mainstream blockchain products in the world. In just over a year it has been downloaded by more than 370,000 people, over 14m Fan Tokens have been sold, and over 700,000 votes registered on the blockchain. FC Barcelona’s ($BAR) Fan Token Offering sold out in 20 minutes, generating $1.3m, whilst Turkish team Trabzonspor’s FTO generated 5 million TRY in less than 5 minutes.

Alexandre Dreyfus, CEO & Founder of Chiliz and Socios.com said: “We have just taken a major step forward in our vision to tokenize the sports and entertainment industry over the next 5–7 years.

“This is a seminal moment for us, the start of a new trend where the world’s leading sporting organisations will have their proprietary digital assets listed on the biggest global exchanges, generating visibility, liquidity and volume. This new trend will gather pace as more of the world’s biggest sporting properties have their Fan Tokens listed in the near future.

“We will be adding many more partners from sports and entertainment in the years to come who will become part of this digital transformation and our wider global fan engagement and monetization ecosystem.”

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