As crypto technology
substantially this year, ensuring players will have an ever-expanding list of casinos supporting crypto transactions to choose from as more and more operators get on board.
What is the advantage of using a crypto wallet specialised for gaming?
Te main problem with non-specialised wallets in the iGaming space is the lack of strict AML and KYC protocols and procedures in place, which raises red flags for compliance teams; and, for the players, poor functionality on the deposit and withdrawal processes, causing even the most dedicated of crypto user to give up on that site.
Te thinking behind DAOWallet is simple: we want to clear away the complicated nature of existing transactions with a user-friendly interface designed specifically for gaming transactions. Our design is simple and clean, allowing operators to scour information and process transactions quickly and accurately.
Tis will be music to the ears of crypto casino managers who have been dealing with painful
continues to be integrated into the mainstream gambling industry, I’m confident that the benefits it brings will be a gamechanger for the way
players come to see crypto as a mainstream payment option and significantly change the industry for the better with a raft of new technology.
workarounds with wallets not built for business purposes. Requiring just a couple of lines of code to integrate the wallet, setup is also pain free and can be done in a variety of coding languages, including Python, Java and C++.
Where our wallet really stands out is the ability to forensically analyse the history of incoming cryptocurrency transactions. In effect, this is an integrated, bespoke service that can check whether crypto has been seen in dark markets.
We see this as a gamechanger for the licensing
of crypto casinos going forward, with many current regulators scared off by the threat of pseudo-anonymous crypto transactions and its implications for AML.
How do crypto wallets benefit customers?
As crypto technology continues to be integrated into the mainstream gambling industry, I’m confident that the benefits it brings will be a gamechanger for the way players come to see crypto as a mainstream payment option and significantly change the industry for the better with a raft of new technology.
For players, crypto offers a revolutionary level of enhanced speed of transactions, as well as wins that can be processed instantly. For operators, the lack of charge backs on crypto transactions will reduce a significant amount of the risk and cost associated with the gaming process and free up plenty of resources, which in turn should translate into more competitive pricing for the player to enjoy.
How do you plan on cornering the iGaming market with DAOWallet?
NEWSWIRE / INTERACTIVE / MARKET DATA P61
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