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$1 billion in TRON cryptocurrency gambled in Q1 2019

George Miller

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$1 billion in TRON cryptocurrency gambled in Q1 2019
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More than $1 billion worth of the TRON cryptocurrency was gambled during the first three months of the year, according to research conducted by CryptoGamblingNews.com.

The surge in betting volumes in the cryptocurrency has come on the back of the launch of tens of decentralised casinos that use the TRON blockchain.

These casinos utilise smart contracts, automating the entire user journey from the wallet to the gameplay, in a way that guarantees the integrity of the games and the user’s funds.

Many of the most popular TRON casinos also automatically redistribute a share of casino revenues to users, based upon how much they have played.

TRON-based casinos have processed wagers of more than $80m in the last seven days, with the most successful, TRONbet.io, reporting volumes of 1.5 billion TRX ($43.5m) over the period, according to data from DappRadar.

Meanwhile CoinDesk reported data from Dapp Review, showing that TRON-based decentralised applications (DApps) generated Q1 2019 turnover of $1.6 billion from more than 432,000 users, adding that 64 percent of DApps on the TRON blockchain are gambling related.

TRON was founded in 2017 but moved to its own blockchain in June 2018, and enjoys a particularly strong following in China. The cryptocurrency has a total market capitalisation of around $1.9 billion.

A spokesperson for CryptoGamblingNews.com said: “The appetite for TRON-based gaming has grown exponentially in a very short space of time. It is remarkable to see decentralised casinos generating turnovers that can compete with far more established, fiat currency competitors.

“However, we are still in the very early stages of TRON development. The casinos that have launched so far offer a relatively limited range of games. If the user experience can be improved, I would expect these volumes to increase by several multiples.”

 

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Cryptocurrency

Epazz Patent-Pending Bitcoin Payment Technology for Blockchain Fantasy Sports Gambling Solution to Be Released for Beta Testing by End of Year

George Miller

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Epazz Patent-Pending Bitcoin Payment Technology for Blockchain Fantasy Sports Gambling Solution to Be Released for Beta Testing by End of Year
Photo Source: born2invest.com
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Supreme Court Decision Creates Need to Manage Multiple Different State Laws on Online Sports Gambling

 

Epazz, Inc., a leading provider of blockchain Bitcoin mobile apps and cloud-based business software solutions, has announced that its patent-pending technology will allow users to place bets using Bitcoin and other cryptocurrencies. The technology is planned to be release for beta testing by the end of the year.

The company is using a digital ledger to record the bets and will use a third party to transfer the Bitcoins. The company will not hold any Bitcoins. The company focuses on creating the software technology to manage the transactions and is using its compliance technology to manage the regulations between different state laws.

Part of the patent application focuses on compliance management and verification of available funds. Before a person can participate in a transaction, the technology will verify all the details in the persons background. The transactions will be run through the blockchain network and will be posted on the users profile.

Epazz CEO Shaun Passley, Ph.D., said,  We are using multiple products we have acquired over the years to create a unique Bitcoin payment technology for managing compliance and verifying transactions after the Supreme Court decision on online sports gambling.

About Epazz, Inc.:

Epazz, Inc. is a leading cloud-based software company that specializes in providing customized cloud applications to the corporate world, higher-education institutions and the public sector. Epazz Boxes v3.0 is the complete business web-based software package for small- to mid-size businesses, Fortune 500 enterprises, government agencies and higher-education institutions. BoxesOS provides many of the web-based applications organizations would otherwise need to purchase separately. Epazz’s other products are DeskFlex (room scheduling software) and DeskFlex (an applicant-tracking system).

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Cryptocurrency

Cryptocurrency exclusive platform Playbetr to offer NSoft`s Sportsbook solution on its web

George Miller

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Cryptocurrency exclusive platform Playbetr to offer NSoft`s Sportsbook solution on its web
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NSoft`s Sportsbook solution (Pre-Match and In-Play Betting MTS) is now available to the players via Playbetr web.

Initially, NSoft’s Sportsbook solution was used as a showcase product when, after rising significant interest, Playbetr decided to integrate NSoft`s Sportsbook offer and present it to its players.

Playbetr is licensed cryptocurrency casino and sportsbook provider where players can deposit in cryptocurrency, play and then withdraw winnings within minutes. At Playbetr, the account is held in the PBR coin (a stable coin tied to the USD) and players can deposit and withdraw with 14 different cryptocurrencies. The Playbetr platform is also constantly adding more coins for deposit and withdrawal.

Alan Marks of Playbetr commented: “We have long lasting business relations with NSoft therefore including NSoft´s Pre-Match and In-Play MTS solution into our offer represents an tremendous upgrade of our services to our great customers. We are offering all available sports to our players and we are certain that diversity and quality of offer will be a valuable asset in attracting the players.”

“For us, cooperation with Playbetr is very interesting having in mind the fact that Playbetr operates exclusively with cryptocurrencies. The cooperation was excellent in the previous period and we hope to extend it even more in the future,” said Ivan Rozic, SVP of Sales and Marketing NSoft.

Clients choose NSoft`s Sportsbook solution as it is a highly customizable sports betting platform with a true omni-channel coverage.

Comprehensive NSoft´s Sportsbook solution is driven by Sportradar data and includes events from over 60 different sports together with corresponding odds and results.

Find out more about Playbetr’s cryptocurrency platform by contacting Playbetr at contact@playbetr.com.

In order to find out more on NSoft´s Sportsbook offer – book a meeting or contact our Sales team at sales@nsoft.com.

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Cryptocurrency

CoinsPaid Partners with Changelly

Niji Narayan

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CoinsPaid Partners with Changelly
Image Source: changelly.com
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CoinsPaid, the iGaming crypto payment gateway has made partnership with Changelly , the leading crypto exchange service.

CoinsPaid has more than 100 iGaming companies in its portfolio including SoftSwiss and BitStarz. Changelly will give access to 140+ cryptocurrencies for a seamless exchange at the best rate. Both companies aim to improve exchange processes and make it effortless. Ability to receive fast payments in crypto, connect a new audience, have a transparent transactions’ reporting system with fraud protection.

“While some still hope to survive crypto winter, we at Changelly remain confident that this is the best time to strengthen relations with those who aim to adopt crypto in everyday life. And no one can do it better than cryptocurrency payment gateway like CoinsPaid. With Changelly API onboard, CoinsPaid gives its customers numerous options of buying-goods-for-crypto and allows to scale online businesses to the new level!” Anna Rosebrook, Head of Business Development at Changelly said.

“CoinsPaid and Changelly partnership provide businesses with crypto exchange option between 140+ cryptocurrencies. The instant swap is integrated directly inside project’s interface which brings much better user experience to any crypto product, whether it is a crypto wallet or a payment gateway. In other words, crypto-based projects and Changelly are genuinely created to run hand by hand and bring mass adoption of crypto.” Alexey Sidorowich, Head of Business Development at CoinsPaid said.

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