DeGaming Announces Successful 0xLottery Launch and Strategic Partnership
DeGaming, a Web3 gambling software development company, has revealed the successful launch of their highly anticipated Web3 lottery product, 0xLottery.io, along with a strategic partnership with St8, a prominent casino aggregator. These milestones signify DeGaming’s commitment to driving the Web3 iGaming revolution and expanding the adoption of Web3 products in the industry.
The launch of 0xLottery has been met with resounding success. Since its debut on January 22nd, 2024, the game has attracted more than 500 players who have purchased over 45,000 XDC tokens worth of tickets in its first three weekly draws. Running on the XDC Network, 0xLottery aims to extend its reach to new users and stakeholders from various blockchain communities, fostering engagement and visibility across the network.
However, the ambition for 0xLottery goes beyond its initial achievements. The project envisions significant growth in jackpot sizes in future rounds, with a target of 10 million XDC Tokens. This would not only benefit the winners, giving them the opportunity to establish their own master node on the XDC network, but also serve as a testament to the increasing appeal and strength of decentralized gaming experiences.
In a move that will greatly diversify its casino offerings, DeGaming has entered into a strategic partnership with St8, a premier casino aggregator. Through their blockchain-based ‘Connect & Play’ solution, DeGaming will now bring the best Web2 casino games to its portfolio, thus combining innovative Web3 games with the well-loved Web2 games favored by casino players worldwide. This collaboration aims to increase the uptake of Web3 casinos among traditional players while providing a Web3 on-ramp to leading Web2 casino game providers.
Emil Ahmed, CEO of DeGaming, expressed excitement about the partnership, stating, By combining innovative Web3 games with the Web2 games casino players already adore in a single portfolio, DeGaming enables its clients to offer high-quality gaming experiences to casino audiences everywhere – increasing Web3 casino uptake among traditional casino players, while offering a Web3 on-ramp to leading Web2 casino game providers.
DeGaming, headquartered in Cyprus, is a visionary force in the Web3 iGaming sector. The company is determined to be recognized globally as the premier online gaming platform and plays a pivotal role in driving the iGaming revolution. Their innovative solutions, such as Connect & Play and Gaming Liquidity Services, including Game Bankroll and Operator Bankroll, are not just tools but catalysts for transforming the gaming experience, combining financial opportunity with thrilling gameplay. DeGaming is setting new standards for gaming excellence and innovation, propelling the iGaming industry forward.
About XDC Network
The XDC Network is a carbon-neutral, enterprise-grade, EVM-compatible Layer 1 blockchain launched in 2019. With its specially delegated proof-of-stake (XDPoS) consensus mechanism, the network offers fast transaction times of 2 seconds, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers various secure, scalable, and highly efficient blockchain use cases. For more information, visit XinFin.org.
DeGaming’s successful launch of 0xLottery and strategic partnership with St8 are significant steps toward advancing the Web3 iGaming revolution. These developments aim to expand the adoption of Web3 products and provide players with a wider range of engaging gaming experiences. With DeGaming at the forefront of innovation, the iGaming industry can anticipate further advancements in the exciting world of decentralized gaming.
