Gambling platforms are increasingly facing trust issues from players. In today’s gaming community, platform transparency is the formula for success. Fortunately, there is already technology that will bring iGaming as close as possible to the honesty revolution, removing all controversial points between the platform and the user. It’s about blockchain.
Of course, it may seem that blockchain casinos are limited to only accepting cryptocurrencies as a payment method, some platforms even open access to games for crypto. However, the essence of blockchain technology isn’t disclosed and isn’t used to its full potential.
A logical question arises: why don’t platforms still integrate important blockchain solutions that open up new horizons for both players and the gambling business?
The answer will also be logical – it takes a long time, it requires huge time costs and changes in the business structure. And some representatives of the gambling business believe that transparency will prevent them from doing business the way they are used to. However, if you see most of the text below, then there is a solution.
The Trueplay platform is an all-in-one iGaming solution that offers gambling businesses an easy integration of blockchain technology.
Trueplay provides a comprehensive approach, namely:
- issuing your own play-to-earn token;
- attracting additional investments with Private and Public Sale rounds;
- launching unique loyalty programs based on the issued token;
- the maximum motivation of players for betting;
- gamification of the interaction process between players and the platform;
- this solution doesn’t affect the structure of the business.
Issuing a play-to-earn token
The play-to-earn model means that players receive tokenized cashback for their actions on the platform. This is an additional incentive for users and a great opportunity to show respect to the community. The Trueplay platform is an excellent balance of technology and trends because in just a few clicks you can improve your business and discover the unique possibilities of blockchain and tokenized programs for yourself and your users.
Unique loyalty programs
The Trueplay platform offers the launch of unique interconnected loyalty programs.
For example, the Play To Earn program means that players receive tokenized cashback from each bet, regardless of whether it was winning or not. Thus, each player is motivated to receive crypto for their games and the possibility of entering the global crypto market.
The second program, Hold To Earn, is similar to the classic staking in the crypto world, but a little better, and is tuned to the gambling audience. The received tokens in the Play To Earn program, users can put on holding and increase the number of their crypto assets, receiving a part of the platform’s income in tokens.
Trueplay’s blockchain approach has already been integrated into Fairspin – the first blockchain casino. Using the TFS token as an example, we managed to find out that the tokenization solution is the next stage in the evolution of iGaming and brought the following results to the Fairspin platform:
- Customer Retention Rate +45%
- Turnover +55%
- Deposits +40%
With the help of tokenization, the gambling platform opens up new horizons for both the business and its users.
Read more: Best Gambling Payment Providers