Q&A with CasinoCoin

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1 If I'm new to CasinoCoin and to crypto, what would be the easiest way for me to buy

CasinoCoin (CSC)?

There are two ways to approach this. The conventional method would be to deposit fiat to an exchange and convert it into USDT, USDC or XRP and exchange it for CSC. Bitrue is currently the best exchange for this process.. The other (preferred) method that we’d recommend is to use XUMM (although this depends on your jurisdiction), and onramp into XRP via credit card or wire transfer. From here you can directly exchange XRP for CSC inside the app. CasinoCoin predicts that XUMM will solve one of the biggest problems for the whole industry: onboarding. The team at XRPL Labs are creating solutions to effectively and efficiently integrate more customers with the best UX. We are working extremely closely with XRPL Labs to ensure that we give the end user the perfect journey.

2 We read something about Lobby Gift Cards, sounds interesting, can you tell us more about it?

We have partnered with chimoney.io which allows you to purchase almost any gift card with crypto. We will soon have this feature on hand in our Lobby as well as our customized CSC gift cards that can be used as a deposit method for operators.

The cards could be seen as a way to offramp, but also allows operators to be a part of the cryptosphere without having to expose themselves to the volatility of the crypto market. Onboarding merchants is a straightforward process and the ChiMoney Team is doing excellent work. This is a great way to introduce the less tech savvy to crypto. By sending them a gift card charged with crypto currency you would like to give, they can then use it to buy whatever they want (for example, they could then go on to buy an Amazon e-voucher / gift card), which opens up the countless possibilities of things to purchase.

3 We believe in regulated gaming, can you tell us how CasinoCoin works to make sure its players can be safe with CasinoCoin?

Besides the known benefits of the XRPL (fast, secure, low fees), we only partner with operators that we trust and have a good quality of games and support offered. Furthermore, the operators must be a legally registered company in their jurisdiction.

 4 Can I play at a CasinoCoin-supported casino right know

Yes you can. Depending on the jurisdiction, CSC is currently accepted by rocknrollacasino.com, 321cryptocasino.com, justbit.io and trueflip.io. We are working on more partnerships and are looking heavily into options we can offer to our US user base. Onboarding more partners is a daily task. Based on the market conditions this works better or worse. The recent collapses of major crypto entities caused some partners to hit the brakes a little but we are in constant communication with them to ease their concerns. This is, of course, easier with partners that are already dealing with crypto. Moving forward we imagine this will become a no brainer for them over time.
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5 How many casinos do you think will be connected to the CasinoCoin lobby by the end of this year?

We imagined 10 partners by the end of 2022, but that didn't work out as planned. This is now the target for 2023. We are aiming to make the integration of our solutions as simple as possible. We have learned some valuable lessons this year. There is still a lot of work to be done, but we are making great progress. One thing I would like to see as soon as possible would be a poker room which allows people from all over the world to compete with each other. The only thing stopping us from this happening is various different regulations that we need to comply with. It’s a difficult job but we are confident we can do it.

6 We know that CasinoCoin has one (if not the strongest) of the communities in this industry. Do you have something exciting to tell them about what the future holds for them?

We are collaborating with other projects behind the scenes and dipped our toes into real life events. One of the other areas we are heavily involved in is getting our solutions connected into products of other projects, mainly around metaverse and NFT related content. We also want to combine some nice features on the level of the Lobby which would result in players and operators enjoying innovative features without any further integration by a third party. Research as well as building a proof of concept has been done to push this forward.