MyPrize Launches New Multiplayer Online Crypto Casino with Integrated Social Media and Live Streaming

MyPrize, the first multiplayer online casino, has launched an innovative dual platform: MyPrize for international markets and MyPrize US tailored for US users. This online casino combines the thrill of live gambling with the social complexities of media platforms and live streaming.

Starting today, participants can team up with friends or connect with the best internet streamers through MyPrize to take part in a variety of classic casino games such as blackjack, slots, roulette and more.

The platform has seen significant pre-launch interest, with over 150,000 users signing up during the early access phase.

Zach Bruch, founder and CEO of MyPrize, emphasized the platform’s commitment to providing an immersive social experience similar to a night out in Las Vegas or Macau from the comfort of your own home.

“We’re not just promoting online gambling,” Bruch said. “We are creating a comprehensive social and interactive experience that brings the excitement of a live casino experience directly to users.”

The global pandemic has highlighted the importance of social interaction within the gambling sector as traditional casinos face unprecedented challenges, including a dramatic 31.3% decline in global gambling revenue. Conversely, the online gambling market is thriving, reaching a record penetration rate of 24.6% in 2023. MyPrize leverages this shift toward digital solutions while incorporating social elements that enhance the user experience.

A standout feature of MyPrize is its ‘Bet Together’ technology. This tool allows players to not only stream their gaming sessions, but also interact with the audience in real-time, creating an engaging experience for viewers. Creators on MyPrize can grow their following with unlimited earning potential and a dynamic environment, regardless of existing advertising revenue.

Bruch added that the platform is focused on community-building tools that help creators connect with their audiences on a more meaningful level.

“MyPrize leverages the strengths of online communities to foster deeper interpersonal connections and enhance the overall social experience,” he explained.

At launch, MyPrize boasts collaborations with a variety of popular creators and influencers, including partnerships with individuals from lifestyle and gaming organization 100 Thieves. The platform isn’t just about entertainment. It also aims to serve as a gateway to the Web3 ecosystem.

MyPrize plans to attract a wider audience to the burgeoning digital economy by converting in-game currency to cryptocurrency and holding sweepstakes with significant prizes.

Also read: How will blockchain, Bitcoin and NFTs impact gaming?