More than 30,000 users are actively playing at blockchain casinos each week, according to research from CryptoGamblingNews.com.

CryptoGamblingNews.com, the leading crypto-focused casino affiliate, analysed player data, stored immutably on a range of blockchains, to estimate the total number of players active on decentralised casinos each week.

The figure exceeds 30,000, with the most activity focused on casinos which sit upon three blockchains: TRON, Ethereum and EOS.

During a one-week period at the end of April, 10 leading blockchain casinos processed more than $60 million in wagers.

A number of blockchain casinos have enjoyed particularly strong growth in 2020; Ethereum-based casinos powered by the FunFair-platform, including CasinoFair.com, roughly doubled its user base in the first four months of the year.

David Bartram, editor at CryptoGamblingNews.com, said: “Over the past three years, blockchain gaming has grown rapidly to the point where decentralised casinos are attracting a commercially significant number of weekly active users.

“These players are attracted by the greater transparency and speed blockchain gaming can offer over traditional, fiat currency casinos. As this user base grows, it would be no surprise to see established casino operators soon looking to incorporate blockchain gaming into their product offerings.”

Lloyd Purser, COO at FunFair Technologies, said: “The numbers are really starting to speak for themselves. We know the benefits the technology can bring and now an ever increasing number of players are understanding and taking advantage of those benefits too.

“Right at the top of the list is they can have a truly fair, or in our case Guaranteed Fair Ⓡ, igaming experience with the same quality and excitement as playing with a traditional online casino. Blockchain igaming is really hotting up, it’s an exciting place to be right now and that will continue into the future as the universe of players continues to rapidly grow.”

Quanta, the Isle of Man based Blockchain Lottery pioneer, is pleased to announce the appointment of Ioannis Papachristou as the SVP, Managing Director of Quanta’s Isle of Man branch.

“Ioannis is able to respond quickly to changes that occur on a daily basis in fast moving industries.” said Harmen Brenninkmeijer, Quanta’s CEO. “As a member of senior management, the managing director is also expected to promote expansion and innovation within the industry.”

Experienced in managing Operations and Projects, Ioannis is a dynamic and motivated professional, with a proven record of managing projects from concept to completion. He is skilled in building cross-functional teams, demonstrating exceptional communication skills and critical decision making.

Ioannis said: “I am excited to take on this role and to focus on Quanta’s potential to utilise revolutionary technology to bring unparalleled security, transparency, and immutability to the gaming sector and beyond. As a true believer in Quanta’s vision for the future, I have confidence in the new management team and its ability to lead the company to success.”

About Quanta:
Quanta is a pioneer in the development of blockchain technology solutions. Quanta’s powerful technology connects consumers with decentralised products and services via its transparent payment gateway – Quanta Pay. Quanta aims to provide a single mobile interface for its users to manage crypto and make payments. This will also allow interaction with Quanta’s games and applications as well as third party products and services. In 2017 Quanta launched the first licensed blockchain lottery which fully utilises blockchain. The company also launched its GLI-certified random number generator (Randao), itself entirely built and operated on blockchain. Quanta’s lottery games and Randao are accessible via Quanta Pay.

Quanta, the Isle of Man based Blockchain Lottery pioneer, is pleased to announce the appointment of Stelios P Michaelides as the Chief Compliance Officer of Quanta.

“Stelios has sound judgment and ability to identify and resolve complex issues in a dynamic environment,” said Harmen Brenninkmeijer, Quanta’s CEO. “I am confident that he will further Quanta’s ability to successfully navigate the ever-changing business and regulatory landscapes.”

Stelios is a strategic thinking, internationally-minded and versatile Chief Financial Officer with over forty years managerial experience of ensuring optimal financial and business operations across extremely diverse geographies and sectors.

He is well-versed in managing stakeholder relationships, building support and loyalty in order to achieve shared goals and further business success. And, with experience in restructuring internal operations and processes, executing Change Management techniques, developing innovative accounting and financial management systems from the ground up, creating processes that have stood the test of time and guiding companies across large-scale transitions with outstanding management skills needed to optimize and exceed performance expectations.

About Quanta:
Quanta is a pioneer in the development of blockchain technology solutions. Quanta’s powerful technology connects consumers with decentralised products and services via its transparent payment gateway – Quanta Pay. Quanta aims to provide a single mobile interface for its users to manage crypto and make payments to its lotteries and all other Quanta-built and integrated 3rd party products and services. In 2017 Quanta launched the first licensed blockchain lottery which fully utilises blockchain. The company also launched its NMI-certified random number generator (Randao), itself entirely built and operated on blockchain. Both its lottery games and Randao are or will be accessible via Quanta Pay.