Gamingtec's FairPlay.io is proud to announce that they are the first online casino to use the TruePlay platform.
This is a blockchain-based platform developed for online gambling sites that should improve the overall experience for players.
Players who would like to see what FairPlay.io is all about can sign-up and check out the online casino which is currently running a free trial.
Players Will Need TruePlay Tokens To Play
The free-trial period is expected to end shortly as the online casino will be using the TruePlay token – which will be up for pre-sale on April 15. Players will then have to use the TruePlay token to make deposits and place their bets. TruePlay will become the standard currency for FairPlay on April 15, when it goes on pre-sale. They can be tested right now, along with the TruePlay platform, without spending any money at the FairPlay site.
Once TruePlay is fully operational, it will bring together multiple casinos on a single blockchain-based ecosystem. Players will only need to have a single player account across the entire system – no matter what casino they are playing in. By 2019, the developers hope to develop a blockchain gambling system that goes beyond the ETH blockchain.
In a statement, Vlad Udovenko, Gamingtec's CCO said
We at Gamingtec have been at the cutting edge of the gaming industry since 2013. For us, Blockchain isn't just the new it-word, but a natural evolution of the online gambling process. Player confidence and fast transactions are extremely important, and the TruePlay platform provides smart contracts and transaction history that brings full transparency for players and affiliates
The TruePlay platform was developed by Oleksiy Mageramov, Oleksii Ragozin and Stanislav Makarchuk back in 2017. Their main goal was to create a platform that allowed people to implement gambling projects that allow for maximum transparency.
Their goal was achieved by integrating blockchain technology in every step of the online gambling process. First, TruePlay acts as its own pay gate. The transaction system lets people deposit and withdraw quickly. The biggest plus is that any casino on the platform can share the network.
As for its effect on the games, TruePlay uses the HASH to publish a game's results before the game begins. This is sealed and hidden to avoid any tampering. This guarantees that the game's results are formulated before any bets are placed on the table and people can check the results.
Finally, for people working as gambling affiliates, TruePlay will allow them to see a transparent player ledge. This logs the number of players the affiliates that have brought to a casino, their bets and the commission for the affiliate.