Blockchain
GrooveGaming expands technology base to blockchain games
Aggregator and platform GrooveGaming has been selected by Orbital Gaming as a key distribution channel to deliver their suite of industry-pioneering blockchain gambling games, adding a new layer to GrooveGaming’s bristling empire of differentiated content. Orbital Gaming considers that the gambling industry will be undeniably linked to blockchain technology and provably fair games.
Described by Fortune Magazine as a “trailblazer”, Orbital Games is an innovative game development company, which has revolutionised and altered the traditional way of the gambling industry. Orbital produces blockchain games that are designed to be fast, engaging, and a lot of fun to play for gamblers of all expertise levels.
GrooveGaming’s powerful platform now includes thousands of casino games made up of a wealth of aggregated content ranging from slots, online casino and live casino, to poker and table games, as well as the new blockchain games segment added to the platform with this new partnership alongside Orbital Gaming, that operators can access via easy integration to drive player engagement and revenue.
GrooveGaming is the aggregator of choice for more than 50 operators and a host of big industry names including EveryMatrix, iGP, Digitain, GoBet, ProgressPlay, Hub88, QTech, Alea, Quickfire, Max Entertainment and BetConstruct, amongst others, and this prestigious network is a cluster that makes market accessibility for games developers profitable from the get-go.
GrooveGaming has carved out a hard-won reputation for being one of the world’s foremost one-stop-shops for casino content. The ambitious team at GrooveGaming are dedicated to rapidly provide operators with access to new content based on their proprietary plug-and-play format which is combined with best-in-class technology.
Boris Kiknadze, CEO of Orbital Gaming, said: “We have been leaders in building blockchain games, as well as re-imagining next-generation products. We are delighted to collaborate with GrooveGaming, who are a technology innovation company we feel very comfortable with, to deliver Orbital Gaming offerings that are fundamentally changing the way the market interacts with gameplay.”
Yahale Meltzer, COO at GrooveGaming said: “Introducing new technologies is the hallmark of the GrooveGaming mission, to stay that essential one step ahead of the market, so we are delighted to onboard Orbital Gaming with their distinctive new approach to gambling. Blockchain has immense growth potential and we want to bring that opportunity to our operators from the get-go.”
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Blockchain
Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto
A brand-new online lottery portal built on blockchain technology is shaking things up in the world of chance. Metalottery, the first-ever decentralised blockchain lottery platform, officially launched, introducing a new era of transparent, thrilling and rewarding lottery gaming. By combining cutting-edge blockchain technology with the excitement of lotteries, Metalottery offers players unprecedented fairness, security and the potential to win life-changing prizes.
“Metalottery is not just another lottery; it’s a paradigm shift. We’re giving power back to the players by offering a transparent, secure, and exciting lottery experience that’s built for the web3 age,” Dioni Bouropoulos, COO of Poollotto Finance, said.
Unlike traditional lotteries, Metalottery uses Chainlink’s Verifiable Random Function (VRF) to ensure provably fair and unbiased results for every draw. And with new lottery rounds starting every 8 hours, players can enjoy the thrill of winning more often than ever before.
At the heart of Metalottery is the PLT token, the fuel of the platform’s ecosystem that players can use to purchase tickets. Metalottery makes purchasing Pool Lottery Token (PLT) available and straightforward on their website. Players can also spin the “Wheel of Fortune” for additional rewards as well as participate in a growing community of lottery enthusiasts on Telegram and Discord.
Bouropoulos added: “Our platform is designed to be inclusive and accessible to a global audience. By combining innovative technology with a user-friendly interface, we empower players to take control of their lottery journey. We are charging no fees for participation and all proceeds from tickets go towards the jackpot. Our goal is to build the biggest lottery community in the world.”
The post Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto appeared first on European Gaming Industry News.
JuicyBet, a Web3 startup, announced the launch of its GambleFi platform. This platform combines finance technology and gambling via blockchain to create unique opportunities and experiences for users. The company strives to revolutionize the principles of the online betting industry and the interaction between platforms and users in this market.
What is GambleFi?
GambleFi uses blockchain technology to ensure the fairness and transparency of games and betting outcomes and for players to get their share of the platform’s earnings and participate in its governance and day-to-day by holding its tokens.
How JuicyBet works
JuicyBet fully utilizes blockchain technology to establish a new ecosystem that has never been seen in the gambling industry. It is centered around user participation and transparency while providing gambling thrills and quality entertainment.
All game records on the platform are kept in a public blockchain, while a set of smart contracts automates gaming outcomes and payouts and provides for the platform governance via the DAO model. This reduces fraud risks and operational costs, making JuicyBet a more efficient platform.
However, the platform’s main feature is the unprecedented level of user engagement via the platform’s native tokens.
- First, the tokens provide access to betting.
- Second, token holders get their share of the platform’s profit.
- Third, token holders can vote on key decisions on the platform’s development in JuicyBet DAO.
- And finally, DAO participants can also perform the role of oracles for bets and earn rewards.
In other words, JuicyBet doesn’t try to be just another gambling platform. It establishes a new ecosystem where users are in control of the platform and bets and are the beneficiaries of the platform.
In addition, JuicyBet offers additional earning opportunities, such as Double Farming and staking for token holders.
JuicyBet has already been noticed by users and investors – the platform’s 3-month turnover has exceeded $1,5 million, according to on-chain data available via Dune, and multiple centralized exchanges and launchpads have listed it.
Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.
This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.
Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”
This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.
The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.
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