Cryptocurrency

How CHPZ Token is Powering Decentralized Sport Betting

Published

5 years ago

July 19, 2021

Reading Time: 3 minutes

The online betting industry has seen many innovations in the last few years as most bookmakers move from traditional sportsbooks to crypto betting. Even better, blockchain technology is catching up with the industry as new decentralized platforms enter the market. One such platform is Chipz, a decentralized betting platform powered by its own CHPZ token.

The CHPZ token will give users the access they need to participate on the Chipz platform as either bookmakers or bidders. According to the Chipz Whitepaper, the current Chipz Beta version will allow users to bet on any sports event provided by the platform’s oracle explorer. Although Chipz Beta only provides for NFL elements, Chipz’s developers claim that future versions will allow CHPZ holders to become bookmakers who create their own events.

Let’s look at how the CHPZ token powers this decentralized betting platform and opportunities for sports fans.

The Chipz Betting Platform

Before looking at the decentralized betting token, it is wise to understand the basics of the Chipz platform. As enthusiasts of gambling would have it, the future of betting is the ability to bet on anything.

Features of the Chipz platform that make it a pioneer of decentralized betting include:

No limits on the bets.
Absolutely no KYC procedure is required.
Betting on sports and any other events with uncertain outcomes.
Chipz is also introducing NFTs.
Lending protocol for fans who have run out of CHPZ.
Users can join the platform as bidders or as independent bookmakers.

The CHPZ token will come in handy as the currency that fuels transactions made by sports betting fans in the ecosystem.

How to Use the CHPZ Token

CHPZ is an Ethereum blockchain-based ERC-20 token that is circulated by the Chipz platform. The token will power all the betting processes on the platform. There are a total of 100M CHPZ tokens to be supplied – 20% of the total is locked for the Chipz team, with 5M to be released every 6 months.

Early adopters of the Chipz system can obtain CHPZ from Uniswap through the upcoming public sale. You will also be able to get CHPZ as a loan using your ETH or other Chipz partnered cryptos as collateral in later Chipz versions.

Once you have access to CHPZ, you can start participating in the betting ecosystem at any time and from anywhere.

You can use the CHPZ token in the following ways:

Stake on a bid
Create a booking instance
For governance in future versions

Staking using CHPZ

Chipz platform will only allow bids to be set using its CHPZ token. Once you stake on a bid, the smart contract will execute, and earnings will be deposited into the accounts of the winning bids.

If you stake using loaned CHPZ, you only earn if your bid wins. In case your stake loses, the loan will be executed and distributed to the winning bidders.

Staking using CHPZ will allow users to participate in global gambling markets without restrictions on staking amounts like most current bookmakers.

Using CHPZ to Create Booking Rooms

CHPZ gives you the option to participate as a bookmaker on the Chipz platform. You’ll use the token to pay for the room creation fees and any other fees pertaining to the smart contract.

When a smart contract is finalized, all earnings will be paid to the bookmaker in CHPZ token. Even better, despite being a host of betting rooms, you can also participate in other rooms as a bidder – provided you have enough CHPZ.

In conclusion, the ability for sports betting fans to make good earnings using their CHPZ tokens – more so without limits and KYC demands – will only get better as the platform’s developers add more features.

$SCOR

BetOnline.ag Integrates $SCOR, the Premier Crypto Token of the Pro Sports Industry, Ahead of Super Bowl

Published

1 day ago

February 4, 2026

GamingAmericas.com

betonline.ag-integrates-$scor,-the-premier-crypto-token-of-the-pro-sports-industry,-ahead-of-super-bowl

BetOnline.ag, a preeminent global online sportsbook, casino and poker platform, announced a strategic partnership with Sweet to integrate $SCOR as a newly supported cryptocurrency.

$SCOR, the native token powering verified fan identity and rewards across major professional sports, is now available for deposits and withdrawals within the BetOnline cashier, just in time for Super Bowl Sunday on February 8.

This integration establishes a direct utility lane for the $SCOR, allowing fans to use tokens — earned through engagement in officially licensed sports games or purchased on exchanges — for real-world gameplay on a leading gaming platform.

For BetOnline, the partnership represents a strategic entry point into the burgeoning world of on-chain sports fandom, connecting the platform with high-value, verified fan liquidity.

“We are constantly evolving to meet our players where they are, and that now includes the intersection of sports fandom, gaming and blockchain. $SCOR isn’t just another cryptocurrency…it’s the premier token of the sports industry. This partnership allows us to directly engage with a new generation of sports fans who value real-world gameplay, verifiable achievements and interoperable rewards,” said Eddie Robbins III, CEO of BetOnline.ag.

$SCOR functions as the on-chain layer for fan identity, verifiable engagement and portable rewards across Sweet’s network of major professional sports IP partners that boast officially licensed sports-themed web3 PvP and mini games.

By accepting $SCOR, BetOnline gains a direct connection to verified fan activity from SCOR’s ecosystem of major professional sports IP partners, introducing a high-value audience of competitive sports fans and crypto-savvy players.

To celebrate the launch, BetOnline will offer exclusive deposit perks for $SCOR users, including free-play credits and casino spins for qualifying deposits. Future community activations are planned, featuring token-gated private poker and casino tournaments for verified $SCOR holders, with prizes awarded in both $SCOR and cash.

“We built $SCOR to bridge the passion of sports fandom with tangible utility and value. BetOnline’s integration is a landmark moment, turning fan-earned $SCOR into a key for premium gaming experiences. This partnership validates our vision of a reward-first portable fan identity,” Sweet EVP of Global Partnerships Betsy Proctor said.

The post BetOnline.ag Integrates $SCOR, the Premier Crypto Token of the Pro Sports Industry, Ahead of Super Bowl appeared first on Americas iGaming & Sports Betting News.

Crypto Turnkey

GR8 Tech Delivers 1.6× Higher Deposit Conversion and 3× Reduction in Transaction Costs for Crypto Turnkey Clients

Published

3 weeks ago

January 15, 2026

Wladimir P.

gr8-tech-delivers-1.6×-higher-deposit-conversion-and-3×-reduction-in-transaction-costs-for-crypto-turnkey-clients

Initial performance metrics from providers utilizing GR8 Tech’s Crypto Turnkey solution indicate notable enhancements in player conversion and operational efficiency within months of transitioning to cryptocurrency payments.

Operators utilizing Crypto Turnkey are indicating:

● 1.6 times greater conversion for initial and subsequent deposits

● Cost per transaction can be as much as 3 times lower than conventional payment methods.

● Withdrawal processing up to 2.5 times quicker

“The conversion improvements and cost reductions we see would take much longer to achieve through payment optimization alone,” said Denys Parkhomenko, GR8 Tech CPO. “Crypto Turnkey unlocks access to the fastest-growing and highly valuable player demographic in iGaming. When over half of your target audience is already using crypto for investments, offering it as a payment method is a must—numbers prove it.”

The findings confirm the business rationale presented at Crypto Turnkey’s inception: cryptocurrency eliminates reliance on payment providers and draws higher-value participants who deposit larger amounts and wager more often. With settlement finishing within minutes rather than days, operators are experiencing enhanced margins and clearly superior player satisfaction.

Crypto Turnkey is now accessible worldwide and can be implemented as a new option or transitioned from Hyper Turnkey.

Unlock Your Crypto Advantage at ICE Barcelona 2026

The post GR8 Tech Delivers 1.6× Higher Deposit Conversion and 3× Reduction in Transaction Costs for Crypto Turnkey Clients appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Acebet

Golden Frog Launches Acebet, a Next-Gen Crypto Gaming Platform

Published

3 weeks ago

January 15, 2026

GamingAmericas.com

golden-frog-launches-acebet,-a-next-gen-crypto-gaming-platform

Golden Frog has launched Acebet, an online crypto gaming platform built on advanced blockchain infrastructure. Acebet delivers a seamless blend of casino action, sports betting, and innovative digital features in one unified ecosystem.

With intuitive navigation, fast onboarding, and seamless gameplay, Acebet prioritises ease of use above everything. Fast deposits, quick loading, and responsive support ensure a smooth user experience. Acebet also introduces Chat Rain, a social feature that randomly drops crypto rewards to active users in the chat, fostering a lively, community-driven gaming atmosphere.

Golden Frog says that Acebet reflects the evolving expectations of online players. The company explains that Acebet was developed to reflect the evolving expectations of digital users who value speed, security, global accessibility, and transparency. According to Golden Frog, Acebet demonstrates the company’s vision of merging high-level technology with a user-centred gaming experience.

Acebet launches with more than 2000 casino titles, including slots, table games, card games, and exclusive in-house content. The platform includes modern video slots, classic reel games, table games, card variations, and exclusive in-house content crafted to meet the expectations of both casual users and experienced players.

This broad portfolio ensures that new users immediately find familiar favorites while long-term players can continue discovering fresh experiences. The platform also features Acebet Originals, offering unique games that many competitors don’t provide.

Acebet integrates provably fair technology, allowing players to verify game outcomes using cryptographic hash seeds independently. This creates a fully transparent environment where fairness is not only promised but demonstrable and auditable.

Through its live casino features, Acebet brings professional dealers, real-time interaction, and high-definition streaming together in a refined digital environment. The live casino brings professional dealers, real-time interaction, and high-definition streams in a digital environment inspired by physical casino play.

The post Golden Frog Launches Acebet, a Next-Gen Crypto Gaming Platform appeared first on Americas iGaming & Sports Betting News.