FairSpin: Changing The Face of Online Casino And Gaming By Using Blockchain Technology
The explosion of internet usage over the last decade has unlocked new opportunities for the online gaming and casino industry. With players scattered all across the globe, the internet gives anyone and everyone an equal opportunity to participate.
However, one element that has been lacking all these is trust and transparency. With several dummies installed at different corners of the globe, it becomes difficult to verify the authenticity of each participant.
This is exactly where Fairspin plays its role. Fairspin is the world’s first licensed online cryptocurrency casino with a blockchain-based honesty control system. Fairspin leverages the core concepts of i.e. transparent and tamper-proof transactions.
Fairspin’s blockchain-based honesty-control mechanism helps to overcome the barriers of trust and authenticity that are otherwise missing in online casinos.
For its efforts, Fairspin has also received two prestigious awards – EGR Operator Awards 2019 and SBC Awards 2019 – under its previous brand name of FairPlay. Fairspin received both these rewards in the Rising Star category in recognition of rapid progress made by this online casino platform since its launch in 2018.
While explaining the reason behind this brand change, the FairSpin team explained:
“Our bet on transparency proved to be a success because that’s what iGaming really lacks. Now, we are ready to go to the next level and this requires a brand upgrade as well. The new name – Fairspin – better represents what our product brings. Each spin in every game is recorded on blockchain. This allows players to track all gaming stats and be sure of getting fair payouts.”
Fairspin team
Some Key Features of the Fairspin Crypto Casino
- The Fairspin blockchain-based crypto casino hosts a total of over 300+ popular games while offering complete user anonymity.
- Fairspin has a completely transparent payout percentage for every game. Hence, there’s no scope of any backdoor manipulation as in the case of other online casinos.
- Fairspin platform ensures that there’s no interference with the game results and the entire casino balance is publicly displayed.
- Fairspin users get instant access to deposits and withdrawals either in BTC or in ETH. The good thing is that there are no minimum limits for deposits and withdrawals.
To offer all these transparent and secure gaming facilities to its users, Fairspin ensures that all transactions are conducted in TPLAY tokens while all the gaming events are recorded in a smart contract to maintain absolute transparency.
Getting Traditional Classic Games on Blockchain
On the other hand, there’s a common notion that while the blockchain-based gaming platforms offer higher transparency and security, they lack in terms of user experience. Thus, when it comes to graphics and performance, blockchain-games are often regarded as inferior to traditional games.
Fairspin breaks this jinx by offering an integrated blockchain solution to traditional and classic games. Fairspin is the first online gaming casino that combines the power of blockchain transparency with classic games from leading game providers such as Microgaming, NetEnt, etc.
Fairspin achieves this by using a special technology developed by TruePlay, a platform that specializes in developing ready-to-use blockchain solutions for iGaming projects.
The great thing is that Fairspin has recently received an extended license from Curaçao eGaming. This is an important license for entering new markets and establishing your global footprint.
To make this platform accessible to players all across the globe, fairspin.io is available in multiple languages like English, Spanish, Russian, German, Japanese, Portuguese, Polish, and more.