A Crypto Casino for the Next Generation of Bettors
CryptoCasino.com is blending a $2 million domain name, 20 years of iGaming experience and blockchain innovation to deliver the future of online betting.
Games of chance have been around as early as 3000 BC, but they are getting a blockchain and Telegram makeover with CryptoCasino.com.
The GambleFi project has already launched its online and Telegram casinos that allow players to enjoy over 5,000 games, sports betting, and more, using 20+ of the top cryptocurrencies.
Now, they are wrapping up their CASINO token sale ahead of the token launch on both Uniswap and BitMart, where players will be able to bet with CASINO tokens to receive a variety of exclusive bonuses, promotions, and more.
Catering to the Growing Crypto Betting Audience
With the crypto gambling market having rapidly risen from $50 million in 2019 to $250 million in 2024, it is the fastest growing sector of the iGaming industry. This is driven by the next-gen gamblers, as 30% of all new bettors are turning to crypto to place their wagers instead of fiat.
CryptoCasino is targeting these players by way of their most innovative product, the Telegram casino mini-app. As Telegram boasts over one billion users worldwide, many with an affinity to the crypto world, players can instantly register with just one-click, which greatly reduces the friction to sign-up and deposit.
After interacting with CryptoCasino’s Telegram bot, players are connected via their Telegram account. This means no sharing of personal information is required to deposit and start playing – a process that is not only preferred in the crypto world, but is expected at this point.
With player acquisition being the costliest and more important element of a successful online casino, breaking down these barriers offers CryptoCasino a major competitive advantage.
Backed by a Team of Industry Experts
While CryptoCasino is focused on the future of iGaming, the team is deeply rooted in the initial growth of online betting.
The project’s founders are the same team that started RakeTheRake.com back in 2005, quickly turning it from an unknown startup to the largest online poker affiliate in the world. Over the past 20 years, RTR has given back over $180 million to 250,000+ poker players.
They bring the same commitment to rewarding the community in CryptoCasino: the team plans to use 50% of net profits from the betting platform to conduct a monthly buyback & burn of the CASINO token.
Holders will also be able to stake the token for 30 and 90-day periods, offering rewards of up to 10% APY.
Off to a Flying Start
Unlike most blockchain projects that conduct token sales to fundraise to turn their idea into a reality, CryptoCasino.com already features a live, working product that is generating revenue.
The platform was launched on November 19 and is already exceeding the projections set forth by the team. In the first two weeks of December alone, the platform has seen over 1,500 registrations and has 300 active players.
Without sharing any financial data, the team has indicated that the platform is already blowing past their initial target of $62,000 of revenue for the first month of operations, even as they are only beginning their marketing activities.
The project also announced a partnership with community VC Common Wealth on December 10th, bringing in both a financial investment and exposure to over 300,000 new community members.
Selected as a Shooting Star Project
To coincide with the public launch of the token, CryptoCasino has also been selected as a “Shooting Star” project by top-15 exchange, BitMart.
The exchange is conducting a launchpad IEO on December 19th that was so oversold that it had to hold a lottery for participants to receive a space to be able to obtain tokens.
With the marketing support of a large exchange, an expert team and an innovative product catering to the future of crypto betting, it is expected that CryptoCasino will quickly become a major player in the blockchain gambling space.