Boosting the Value of a Cryptocurrency ICO with a No Monthly Fee Casino
Launching new cryptocurrencies is one of the most interesting business ventures that entrepreneurs are engaging in nowadays. As we already know, digital coins are currently one of the most popular and trending mediums of exchange around the world. The concept of digital currency is still new to the vast majority of the world’s population, but investors who see the opportunity now are the ones who will win more in the long run.
Developing your own cryptocurrency
Creating your own cryptocurrency could prove to be easier than you think. You have two main options: to hire a technical expert, who will assist you in developing the cryptocurrency, or, if you are a self-expert, to do it yourself. It is important to think about whether you’re going to develop a digital coin from scratch, or create a bitcoin fork (which is mainly based on bitcoin protocol upgrades).
What is an ICO?
ICO stands for initial coin offering – an event held by a company who is looking to reach investors with the purpose of funding product development by selling an initial number of digital tokens. Members who purchase the new currency with bitcoins or fiat money, for example, will have complete ownership of the crypto tokens’ shares.
According to cointelegraph.com, one of the most successful projects to ever launch an ICO was Mastercoin, which managed to take in $5 million worth of bitcoin by selling their tokens. The most profitable ICO was the one held by the creators of Ethereum, who secured $18 million in 2014.
What can users do with ICO crypto tokens?
If you’ve thought about developing your own cryptocurrency, we would like to suggest a unique project that will boost your cryptocurrency’s value. The key goal of every ICO is to help fund your project, but we believe that investors should be encouraged to actually use your cryptocoins as soon as they buy them.
Our idea implies opening an online gaming site which works only with the digital coin offered by your company during the ICO. This way, players will have the opportunity to bet their tokens and raise interest upon the online gaming site, which can become a very profitable business once your cryptocurrency gains a higher market value.
You can start your online casino with your own cryptocurrency using our products. Your online casino can easily be managed with our casino management platform, which offers all the necessary tools to help you run your business smoothly. You will get to see all information about players, games, deposits and withdrawals, statistics and many more pieces of information using our software.
On the other hand, your cryptocurrency-based online gaming site can host up to 190 casino games of all types, including slots, roulette, blackjack, dice and many more. We can also develop custom games solely for your gaming site.
Before making your cryptocurrency popular, we would like to suggest offering players the possibility to bet on both a more well-known currency, such as bitcoin, and your cryptocurrency on the same website. This way, players will be attracted to a bitcoin website where they can also discover your new virtual coin.
Our unique solution is different from anything you can find on the market at this point in time – we offer a no-monthly-fees policy, which means that once you buy our games and platform, you can run your casino without any additional fees which need to be paid to our company at a fixed date.
The first step towards starting an online casino which operates with real money is obtaining an online casino license. The products that we sell might require a casino/gambling license depending on the jurisdiction in which...