Blockchain

A revolution in online gambling: CoinGames’ new decentralized platform

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CoinGames has unveiled its groundbreaking decentralized gambling platform that sets a new standard for the iGaming industry by integrating cutting-edge blockchain technology and Web3 innovations. This platform is the first to be fully licensed and dedicated to reshaping the way online gambling operates.

What the new platform offers

As a newly launched web3 casino, this platform provides users with a safe and efficient online gambling experience enhanced by the latest blockchain and smart contract technologies. This setup ensures that all transactions and gaming activities are transparent and optimized for user satisfaction. CoinGames not only offers a massive library of over 10,000 casino games, but also enhances the user experience with features such as instant withdrawals, daily promotions, and 24-hour live customer support.

Ease of access is further enhanced with a faster registration process and a direct deposit method that bypasses traditional third-party intermediaries. These efficiency gains are important to improve user experience and ensure smooth gameplay.

Solving traditional challenges

One of the most important advancements CoinGames has made is solving the ongoing conversion rate problem within the online gambling sector. Since there is no need to deposit funds in advance, the platform can process transactions directly through smart contracts. Not only did this simplify the process, but it also resulted in a 380% increase in conversion rates and a 200% increase in customer lifetime value.

Additionally, the platform provides users with the autonomy to manage their finances. Non-custodial wallets allow players unrestricted access to their funds, allowing them to conveniently withdraw without time or amount restrictions.

Technology infrastructure and future plans

All activity on the platform is recorded using a powerful framework that operates on Binance Chain and Polygon Chain, with future expansions to include Ethereum and Solana. This technological foundation ensures a smooth and safe gambling experience for all users.

A milestone for CoinGames and the industry

Edoardo Narduzzi, President of CoinGames and an experienced entrepreneur known for founding several successful ventures, described the platform’s launch as a “pivotal moment” not only for the company, but for the entire online gaming ecosystem. Narduzzi emphasized that this initiative is poised to set new industry standards for transparency and user control.

The platform currently boasts 20,000 active users and aims to expand its reach to up to 1 million players by the end of the year. CoinGames, which holds a professional gambling license, is well-positioned to operate a cryptocurrency-based gambling model within a regulated market, following in the footsteps of other significant industry projects such as cryptocurrency casino FoggyStar, which invested $5 million for development last year. It is in .

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