A New Kid Makes An Impression

A New Kid Makes An Impression

Crypto news Lifestyle
January 22, 2020 by Super System
412
Blockchain Casino

Blockchain Casino Pays Out 40,000ETH To Players

Blockchain Casino

When news first broke out last year that Fairspin will be a blockchain casino, lots of persons were a bit skeptical about the outcome. 

There were a couple of reports then that warned users to be wary of the operator and take extreme caution with it. There were also reports that suggested that the blockchain casino would find it difficult to payout. But the casino has done nothing to prove skeptics wrong. 

The Blockchain casino paid out more than 40,000 ETH to players in its first 12 months of operation. 

The casino was launched in 2018. It was first called Fairplay casino before it was rebranded as Fairspin. The casino prides itself in the fact that each spin in every game is secured by blockchain. 

The casino is transparent in its approach and displays all of its gaming stats on its homepage. Anyone can check players’ deposits and withdrawals on a blockchain explorer.

The Big Payout 

The data on the blockchain explorer shows that last year, Fairspin paid out upwards of 40,000 ETH to players (on the current exchange rate, that’s around $6 million). 

The largest win from a single bet was $2850 at the exchange of that period, and it happened in the Jack and the Beanstalk game. In a single day, a player won $14,552, while the record-high win in a single game session was $8,938. 

As part of its transparent policy, and in a bid to track these figures, Fairspin employs a tool from TruePlay blockchain platform. This tool allows the operator to take a record of all transactions on blockchain while utilizing non-blockchain games from the world’s leading providers.

Its progress and innovation have not gone unnoticed. The operators have been recognized by nominations for various awards such as SBC Awards, and EGR Operator Awards. 

 

 


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