Cryptocurrency

Messi’s Missing Crypto Millions

Published

2 years ago

November 26, 2021

Reading Time: 2 minutes

Poor old Lionel Messi. It’s not exactly going to plan on the pitch for him yet at PSG. And off it – well let’s say he’s not cracked the crypto game either.

In the summer he agreed to be paid part of his signing-on fee in his new club Paris Saint-Germain’s own fan token. With cryptocurrencies at the start of a record-breaking run, it looked like a sure-fire way for the world’s best footballer to make more millions.

But it hasn’t worked out that way, according to analysis from Cloudbet.com the world’s oldest crypto sportsbook.

Messi’s unexpected transfer from cash-strapped Barcelona was announced on 10th August. He signed up for free, in a move designed to get his huge million-dollar weekly wage off Barca’s books. League bosses were penalising them for their abject failure to keep the club’s deficit within permitted parameters.

The vastly wealthy PSG were so delighted to land the world’s biggest football star that they paid him an interesting signing-on fee.

Part of his “welcome pack”, they said, would be paid in cash as normal, but in a first for football, part of the fee would be gifted to him in PSG fan tokens.

Messi could be forgiven for looking kindly on PSG’s offer. The club’s token had almost tripled in value from the start of August to a record on the day of the Messi announcement.

Traders at Cloudbet took a deeper dive into the deal to assess how the Argentinian maestro’s signing-on fee is looking now.

On 10th August, the PSG token was valued at $49.83.

Media speculation across the continent suggests Lionel Messi was gifted one million euros worth of tokens. On that day the Euro-USD exchange rate was 1.17. So let’s estimate that PSG’s wealthy Qatar owners gave him $1.17m worth of tokens.

Trading at $49.83, this means Messi would have received 23,480 PSG tokens.

So how much money has Lionel Messi made from this deal? Well, as of today things aren’t looking terribly good. The PSG token recently traded at…. $19.02

That defeat by Man City hasn’t helped PSG or it’s cryptocoin’s value.

If Messi had received what is speculated to be one million euros in fan tokens on 10th August, his estimated 23,480 tokens would now be worth… $453,436

Which means if he cashed it in now it would only be worth 40% of what it was worth on the day that he signed for PSG!

American football stars like Aaron Rogers might be in the news for all the wrong reasons right now, but they’ve made headlines for being early adopters of Bitcoin salaries. If Messi had embraced BTC he’d be a lot richer.

Back on 10th August 2021, BTC was trading around $45,600.

And now? It’s at $58,000, a +25% rise. That $1.17m signing-on gift would now be around $1,460,000 – more than a million dollars more than the fee is worth in PSG tokens.

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Cryptocurrency

Slotland Entertainment Launches CryptoWins, a New Crypto-Only Online Casino with a Huge Selection of Games from Six Games Providers

Published

6 days ago

December 5, 2023

Alan Campbell

Reading Time: < 1 minute

Slotland Entertainment, a respected pioneer and leader in the online casino world, has just launched a new cryptocurrency casino. CryptoWins has more than 350 games from six games providers. All withdrawals and deposits are done in cryptocurrency.

CryptoWins offers a diverse selection of game types including classic slots, video poker, keno, bingo and table games. Mainly focused on slots including more than 85 provably fair games, the new crypto casino also offers other types of games such as lottery and crash games.

Many of CryptoWins’ games have been created by Slotland Entertainment’s own game developers but the new casino also offers games from EvoPlay, Felix Gaming, Rival Gaming, Spinthon and Vibra Gaming. More games from more sources are coming soon. Popular games include Samba Queen, a carnival-themed game with double wilds and a free spins bonus feature; Sugar Daddy, a fast-paced game with gold diggers, stacks of cash, diamonds and other symbols of luxury on its reels; and Gangster Affair, a Bonnie and Clyde game with two free spins features and two jackpots.

CryptoWins promises lightning-fast next-day withdrawals and accepts all of the most popular cryptocurrencies including popular stablecoins. Deposits and withdrawals can be made using Bitcoin, Litecoin, Ether, Monero, Tether, Binance Coin and USD Coin. More options are coming soon.

Players can logon using nothing but their e-mail address or, for extra anonymity, they can logon using just their crypto wallet ID.

CryptoWins players can claim generous bonuses and exclusive VIP perks including welcome match bonuses of up to 3 BTC. High rollers depositing $1,000 or more are eligible for a 177% high-limit welcome offer. For players that deposit without a win, a weekly cashback bonus of up to 7% of the previous week’s net loss is available.

Cryptocurrency

Bets.io Awarded Best Crypto Casino of the Year at SiGMA Europe 2023

Published

3 weeks ago

November 22, 2023

Alan Campbell

Reading Time: 2 minutes

Bets.io awarded Best Crypto Casino of the Year at SiGMA Europe 2023 following achievements in driving mainstream adoption of cryptocurrency in iGaming

Bets.io, the leading cryptocurrency iGaming and sportsbook platform, has today been named Best Crypto Casino of the Year at the prestigious SiGMA Europe 2023 awards ceremony held in Malta.

Each year, SiGMA Europe recognises the leading achievements and top performers of the iGaming industry. This year, the crown for best crypto casino of the year has been passed to Bets.io. The award recognises the innovative and disruptive application of blockchain technology by Bets.io to revolutionise gambling and betting services for crypto enthusiasts worldwide.

The awards are highly competitive, with some of the world’s most recognisable iGaming brands taking part. Winners are selected by a crowd of experts, industry veterans and business leaders from the sector.

The Best Crypto Casino of the Year award recognises Bets.io’s achievements in driving mainstream adoption of cryptocurrency gambling. Its dedication to delivering outstanding player experiences and robust payment methods through innovative crypto offerings has made it a leading industry player. SiGMA judges noted Bets.io’s wide-spanning crypto payment offering and its commitment to ensuring a fast, secure and anonymous betting experience for players where reliability and safety are top priorities.

SiGMA Europe is one of the iGaming industry’s largest events globally, bringing together operators, suppliers, regulators, experts and partners each year to recognise the latest innovative developments in the iGaming sector.

Founded in just 2021, Bets.io has been recognised for its vast selection of over 10,000 casino games including slots, table games, live dealer options and specialty games and coverage of more than 30 sports for betting enthusiasts. The platform, which accepts over 510 of the most popular cryptocurrencies, has fast become a preferred destination for crypto gamblers.

Bets.io continues to lead the way for crypto betting, innovating iGaming services to meet the demands of crypto bettors, building trust and providing unmatched betting experiences. Over the past year, Bets.io has continued expanding its portfolio of casino games and sports betting options while enhancing platform security and offering personalised offers and promotions. From daily cashback to surprise boxes, keeping loyal customers engaged and excited during their play is paramount.

As well as offering player-friendly options such as low minimum deposits and large betting limits, the crypto casino ensures responsive 24/7 support and a premium experience through its VIP program where players enjoy personal managers, increased payout limits and exclusive offers.

To find out more about Bets.io, please visit https:// Bets.io/.

Cryptocurrency

Bets.io awarded “Best Crypto Casino of the Year” at SiGMA Europe 2023, following achievements in driving mainstream adoption of cryptocurrency in iGaming

Published

3 weeks ago

November 22, 2023

Hunor Pal

Reading Time: 2 minutes

Bets.io, the leading cryptocurrency iGaming and sportsbook platform, has today been named “Best Crypto Casino of the Year” at the prestigious SiGMA Europe 2023 awards ceremony held in Malta.

The awards are highly competitive, with some of the world’s most recognisable iGaming brands taking part. Winners are selected by a crowd of experts, industry veterans, and business leaders from the sector.

The Best Crypto Casino award recognises Bets.io’s achievements in driving mainstream adoption of cryptocurrency gambling. Its dedication to delivering outstanding player experiences, and robust payment methods through innovative crypto offerings have made it a leading industry player. SiGMA judges noted Bets.io’s wide-spanning crypto payment offering, and their commitment to ensuring a fast, secure and anonymous betting experience for players, where reliability and safety are top priorities.

Founded in just 2021, Bets.io has been recognised for its vast selection of over 10,000 casino games – including slots, table games, live dealer options, and specialty games – and coverage of more than 30 sports for betting enthusiasts. The platform, which accepts over 510 of the most popular cryptocurrencies, has fast become a preferred destination for crypto gamblers.

Bets.io continues to lead the way for crypto betting, innovating iGaming services to meet the demands of crypto bettors, building trust and providing unmatched betting experiences. Over the past year, Bets.io has continued expanding its portfolio of casino games and sports betting options, while enhancing platform security and offering personalised offers and promotions. From daily cashback to surprise boxes, keeping loyal customers engaged and excited during their play is paramount.

As well as offering player-friendly options such as low minimum deposits and large betting limits, the crypto casino ensures responsive 24/7 support, and a premium experience through their VIP program where players enjoy personal managers, increased payout limits, and exclusive offers.

To find out more about Bets.io, please visit https://www.bets .io/