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Interactive


CRYPTOCURRENCY IN GAMING DAOGROUP


crypto-evangelism - this is payments


Glen Bullen, Chief Commercial Officer at


DAOGroup, expresses his belief that gaming businesses who haven’t yet integrated crypto- based payments are missing out on gaining a competitive edge, citing crypto as an effective acquisition strategy for tech-savvy players in newly white jurisdictions.


transactions without the need for additional AML and compliance processes.


Glen Bullen, CCO, DAOGroup


As a company, we’ve made it our mission to transform the online gaming industry’s understanding and use of cryptocurrency in betting transactions.


We launched DAOWallet as our flagship solution to enable operators to benefit from an advanced cryptocurrency-fiat gateway that can provide third-party cryptocurrency


Tis means we can give operators the tools and means to attract players who want to use crypto as their payment method without any compliance or AML concerns. Developed specifically for iGaming, there’s no other wallet quite like it on the market – especially when it comes to performance and delivery in the gaming space.


What brands have gone live so far?


DAOWallet is live on 1Click Games and MoneyMatrix; and in partnership with BetConstruct; with a further eight operators and platforms currently in the process of signing and on track to launch. We’ve had some really great feedback on our wallet since it launched – and I’m really looking forward to the direction we’re taking.


We’re a gaming company at heart, rather than a team of crypto evangelists – so our goal is to provide a tailor-made product line that is of benefit to both players and operators. DAOWallet is a cryptocurrency-fiat gateway, enabling players to deposit and withdraw in the crypto or stable coin of their choice, while our relationship with operators is as a straight-up processor, with all their transactions being in fiat.


P60 NEWSWIRE / INTERACTIVE / MARKET DATA DAOGroup: forget


How significant a role will crypto wallets play in iGaming’s future?


When it comes to payments, the digital wallet is going to be a game changer. Mobile transactions already account for 54 per cent of digital payments in Europe and are growing globally by 10 per cent. Tie that in with crypto’s surge in 2020, and there has never been a better time to be in business.


We’re a gaming company at heart, rather than a team of crypto evangelists – so our goal is to provide a tailor-made product line that is of benefit to both players and operators.


DAOWallet is a cryptocurrency-fiat gateway, enabling players to deposit and withdraw in the crypto or stable coin of their choice, while our relationship with operators is as a straight-up processor, with all their transactions being in fiat.


Operators know that they need to appeal to new audiences to get ahead post-COVID. With a very successful launch behind us we’re confident we are going to be expanding distribution


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