CasinoCoin, which was launched as a Litecoin fork, has come a long way from its initial ICO days. Operational from 2013, this rising altcoin is set to revolutionize the gaming industry. As a peer-to-peer gambling blockchain, it strives to regulate the gambling industry for a rewarding gaming experience. This promising cryptocurrency, which is available to traders at $0.000834 at the time of writing, ranks among the best-performing currencies of 2018.
CasinoCoin (CSC): A Gambling Blockchain for Gaming Enthusiasts
CasinoCoin, the open source blockchain, offers its users peer-to-peer currencies for a one-of-its-kind gaming experience. As a fork of Litecoin, this digital coin provides its users with a digital wallet, a translucent blockchain, and top-notch security services. Although issued back in 2013, it was invisible for most of the time and was taken over by a new development team in 2017. However, it has witnessed a steady rise in popularity in the recent time. Equipped with new updates and striking features like KYC/AML, it offers a more secure mode of gambling for game lovers.
Key Features of CasinoCoin (CSC)
As a non-profit entity, CasinoCoin (CSC) was launched with the vision of a number of important goals. Apart from educating the regulated gaming industry on the advantages of blockchain technology, it was designed as an exclusive currency for online gaming. CasinoCoin (CSC), which owes its origin to “Black Friday”, one of the most notorious projects in the crypto-sphere, was developed to solve the gap created by the infamous cryptocurrency. In its bid to offer a regulated gaming experience, it has updated itself with a number of interesting features. Some of its notable features are discussed in the following segment:
- Updated Algorithm: The new developers, who have joined this crypto project back in mid-2017, have updated the algorithm of the blockchain for a more regulated gambling experience.
- Lightning Fast Transaction Speed: As per the reports, the updated CSC features offer a lightning fast transaction speed. With a transaction speed of 3-5 seconds, CSC features among the fastest currencies in the industry.
- Lower Fees: Trading at $0.000834 at the time of writing, CSC offers an affordable gambling experience to its users.
- Coin Swap: All unclaimed and disused currencies can be used as a fund.
CasinoCoin’s (CSC) Market Response
With a market capitalization of $30,014,899 as of April 10, 2018, CasinoCoin is listed in cfinex and BitFlip, two of the most renowned crypto exchanges, has evolved to become the preferred digital currency for online gambling. As per the recent records, the cryptocurrency has moved -12.67% over the last 7 days. CSC, which has reached $0.0008, hasn’t been in the spotlight for the greater part of 2017. However, after the joining of the new developers in the team, it has witnessed a steep rise in popularity. Apart from the improved features, CasinoCoin comes with all the advantages of a standard blockchain, such as high transparency, advanced security, and faster transactions.
Ever since the introduction of the blockchain technology, it has created a lot of noise in the market. With more than 800 currencies on offer, the cryptocurrency market is rapidly growing to become one of the largest financial ecosystems. The peer-to-peer blockchain technology, which allows processing of transactions without a third-party involvement, has been successfully deployed for a number of applications. When it comes to gaming applications, CasinoCoin is not the first one to integrate blockchain technology into the gaming industry.
Today, a number of big names of the gaming world are associated with the open source blockchain ledger, and CasinoCoin is recognized among them. This rising altcoin, which ranks #221 at the time of writing, has traversed a long way from its ICO days. Considering the impressive performance in the present market, its potentials cannot be entirely dismissed. As a formidable contender to the crypto giants, CasinoCoin can be accounted as a game changer in the crypto-space.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Nick Ares via Flickr
Reasons Why 2019 May Be A Great Year For Crypto
The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.
The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.
With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.
1) Bearish market to loosen its grip
The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…
3 Coins with the Largest Potential in 2019
2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.
Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.
Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.
One thing that is expected is the approval of Bitcoin ETFs…
Do or Die: 3 Crypto Projects that Really Need to Deliver Soon
Crypto projects have gone through several crucial periods of development, and while it is fascinating to watch their progress to maturity, a lot of investors are becoming impatient. During the first few years, they were barely known, only talked about in specific groups, among those developers and investors who had the luck to find out about them in the early days.
The next several years, altcoins started appearing, and the voice of cryptocurrency slowly started to spread. Then, there was a period of hype, when crypto exploded, and the entire world finally learned about this new technology that promised to change the world. Naturally, the overhype led to a market crash and price correction that we experienced last year, but the impact was made, and the world is still talking about them on a daily basis.
However, now is the time for cryptos to deliver on their promise, grow up, and start showing results. There are high expectations for many projects, but for various reasons, they have yet to deliver, and many are hoping that 2019 will be the year when they finally do it. Let’s see which 3 crypto projects really need to show results, and soon.
1) Ethereum (ETH)
Are you surprised to see Ethereum at the first spot? The project has been a top cryptocurrency for years, why would it be in danger now?…
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