The deal brings even more utility to users of CasinoCoin who can now purchase gift cards and in-game credits
Eminence Holdings, the B2B and B2C gambling and cryptocurrency technology provider behind the cutting-edge Casino Lobby, has added more utility to its innovative CasinoCoin (CSC) by joining forces with Chimoney.
Chimoney is the developer of platforms, APIs and in-app embeddable apps that enable businesses to transfer value and increase the utility of their products, tokens or projects. This means that CSC holders can now purchase popular gift cards (the likes of iTunes, Amazon and Uber eats) as well as in-game credits (for FIFA, CoD, and GTA, plus many more).
The CasinoCoin token has long been available to purchase through a number of exchanges and is on the XRP Ledger (XRPL) as an issued token. Eminence’s revolutionary Casino Lobby is offered within the XUMM wallet, which ensures true utility for CSC holders and users.
On a mission to harness the power of blockchain, Eminence wanted to take utility to the next level and engaged Chimoney which had recently launched ChiSpend, an easy-to-use embedded app allowing XUMM users to purchase gift cards, airtime and mobile money with XRPL issued tokens.
Chimoney then created a simple API to allow third parties such as Eminence to use ChiSpend in their applications and to unlock additional utility for their tokens.
Uchi Uchibeke, Founder of Chimoney, said: “The value being created and earned in gaming, virtual worlds and metaverses needs to be spent by the earners. Eminence understands this and is going to great lengths to constantly add utility to CasinoCoin.
“Chimoney is making that possible and we’re looking forward to enabling earners of CasinoCoin to use their tokens for real products and services that add value to their lives.”
Daniel Keller, Chief Technology Officer at Eminence, added: “I’m so excited to see more solutions to unlock value hitting the XRP Ledger. We’re delighted to be going live with Chimoney and to be allowing users of CasinoCoin to not only unlock value but to be able to transfer it.
“Our mission is to harness the power of blockchain and it is through breakthrough agreements such as this with Chimoney that ensure we keep working towards that goal while also continuing to take our product and proposition to the next level.”
Cloudbet is Giving Away $10,000 to Celebrate the Return of European Soccer
The soccer season is back! To celebrate, Cloudbet has $10,000 worth of USDT to give away to 10 lucky soccer bettors this month.
The pioneering crypto betting site will choose 10 customers at random who bet on any of the top 5 leagues (English Premier League, La Liga, Bundesliga, Ligue 1 or Serie A) from August 1-14. Each will win an equal share of the prize pool— $1,000 of the US dollar stablecoin.
Cloudbet offers all popular markets for the five leagues for customers to bet on quickly and safely via bitcoin and 17 other cryptocurrencies. By choosing to bet with crypto, users see faster transactions, lower fees and enhanced privacy on a decentralized system while enjoying the thrill of live-in play betting on their favorite teams.
The EPL is set to return on 5th August, with back-to-back defending champion Manchester City looking to claim their fifth title in six seasons. They enter the 2022-23 season as favourites, while Liverpool, Tottenham Hotspur and Chelsea head the rest of the field in the EPL who aim to dethrone Kevin De Bruyne, Erling Haaland and their teammates.
The English Premier League is heralded as the most competitive league in soccer, providing three of the last four UEFA Champions League finalists in the past two years. Besides the winner’s market, Cloudbet customers are able to bet on a wide range of outrights including who will end up bottom on Christmas Day, who will eventually get relegated, Top Goalscorers by club, and a huge range of others.
The Bundesliga starts on August 5th, with Bayern Munich as strong favourites to win. Ligue 1 launches in France the following day. Serie A and La Liga begin the following week on August 13th and 14th, respectively.
Crypto SNACK Secures $50M Investment Commitment from GEM Digital
Leading iGaming token Crypto SNACK has secured a $50 million investment commitment from GEM Digital Limited, a digital asset investment firm that actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs worldwide.
Earlier this year, Crypto SNACK partnered with RCD Espanyol, making the team the first La Liga club to accept payments in cryptocurrencies, the first of many future partnerships designed to bring the efficiency of digital assets further into the world of sports, entertainment and beyond by onboarding crypto payments for real-world experiences.
The company plans to invest its new funding from GEM into further connectivity with top crypto exchanges, add to its growing portfolio of global professional sports partnerships, as well as continue to build out its blockchain technology and infrastructure.
“Together we are taking the right steps for #SNACK to become the #1 token in the iGaming industry. This investment will further accelerate our plans to make the future of decentralised finance possible,” Stuart Morrison, CEO of Crypto SNACK, said.
OddsGecko launches crypto betting odds comparison site
OddsGecko, a new odds comparison website focused on the fast-growing crypto sports betting sector, is now live.
The OddsGecko matrix launches with odds from four leading sports betting operators: Sportsbet.io, Cloudbet, Exbet and Stake.
It covers all major events and markets across soccer, cricket, basketball, American football, baseball and ice hockey.
In addition, an extensive range of esports markets will allow users to find the best prices on tournaments including CS:GO, DOTA 2, LoL and more.
An OddsGecko spokesperson said: “As more people choose to place their bets in Bitcoin and other cryptocurrencies, the demand for fast and reliable crypto odds comparison is increasing daily. The OddsGecko matrix allows price-sensitive punters to find the best value across thousands of markets in an instant. We’re delighted to launch with four of the most trusted names in crypto betting, and will be adding more sportsbooks and operators shortly.”
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