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Alive Casino launches new platform combining virtual reality and blockchain
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Alive Entertainment Company, a Cost Rica-based gaming developer, have launched a new casino platform that combines virtual reality and blockchain technologies. What is special on the platform is that users have an opportunity to play games on a land-based casino and experience the full features of virtual reality and a 360-degree view of games. The company has also started exclusive private sale its token. It plans to sell 15 per cent of its AL tokens to raise the funds for development of the platform. The AL tokens have their value set at $0.015 per unit, which can be purchased against payment in ETH.
While Alive Casino has not set a minimum limit for token purchase, there is a maximum cap of 75 ETH in place for each buyer. In addition, the token sale participants contributing 1 ETH or more also stand to receive a 15 per cent bonus along with a chance to win HTC VIVE VR headset.
The Project
The Alive Casino project is based on the principles of “keeping things alive.” It intends to create a living, thriving and secure gaming alternative for gambling enthusiasts. Having set a clear vision, the platform, empowered by a highly capable team is working on implementing them in a step-by-step process. Divided into short-term and long-term vision, Alive will be focusing on the following
In the short-term:
Creating strategic partnerships that can help implement a global gaming environment, complete with games, analytics, customer support, etc.
Community building by onboarding like-minded gamers, crypto-experts and enthusiasts.
Constant research and development to introduce new features and further improve existing offerings.
Creating its own VR game titles
Token
The AL token is based on ERC20 standards, and it acts as a utility token fuelling the platform’s economy as well as the blockchain functions. As more people join Alive Casino, the use of AL is set to rise, creating demand and increased liquidity. As an incentive to those contributing towards its mission, Alive Casino will have a profit distribution process in place, where 40 per cent of the profits will be shared with token holders. To receive pay-outs, token holders must store ALs in Alive Hold Wallet.
The platform will maintain the demand for AL in the market by burning 5 per cent of the token revenues every three months.
Those interested in possession of AL tokens can do so by participating the in the ongoing token sale process. In order to ensure global participation, the platform has made the whole process easier. Participants can directly send ETH from their wallets to the smart contract. The sale is also open for US residents, and the address used to send ETH will be considered for the selection of HTC VIVE VR headset winners during the private sale, which will be decided based on a random draw once 75 ETH is raised during the exclusive private sale.
Transferring funds to the platform has been made possible through Alive multi wallet system. The wallets will be personal, as per user’s preferences and more secure since everything will be done on the blockchain. The multi wallet system will also come in handy in helping users store both fiat and multiple cryptocurrencies. It will also protect the users from any untoward circumstances which might affect the platform itself as they will have their balances saved within their own wallet and not on the platform.
Source: NewsBTC
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NOVOMATIC Presents New Gaming Highlights at the BEGE
Celebrating 15 years of BEGE, Sofia Expo will transform itself again into the epicenter of the regional gaming industry from November 27-28. The annual gathering invites the industry’s key manufacturers, suppliers and customers for two days of business and networking. NOVOMATIC, as Europe’s largest gaming technology group, is naturally participating with a first-rate product range and unrivalled offerings dedicated to the Balkan markets.
The appealing DIAMOND X 1.55J cabinet will shine as one of the sophisticated product highlights at the NOVOMATIC stand #2.11, showcasing the latest Linked Progressives, such as CASH FLOOD Link and GODS & LEGENDS Link. Also being presented in the elegant DIAMOND X 1.55J cabinet will be the unique Linked Progressive XTENSION LINK Volume 2, which has quickly become a favourite with operators and players alike, with its clear above-floor average and regular top-floor performances in many casinos across different markets.
Visitors also shouldn’t miss out on the brand-new SUPERIA GAMES Link 1, which comprises 25 classic and recent titles from the renowned player favourites CASH CONNECTION and GOLDEN LINK. Furthermore, the outstanding BLACK EDITION II XL 3.32 will be presented with the exclusive NOVO LINE CASH CONNECTION Edition 4.
The BLACK EDITION II 3.27, with three 27” screens starring the NOVO LINE Edition X4 and Impera Line HD Edition 9, guarantees exciting gaming fun and profitable variety in video slot entertainment.
Visitors can also enjoy an exciting entertainment programme on the NOVOMATIC stand and delicious catering from AdmiralBet Pub.
Miloš Pejić, NOVOMATIC Regional Manager SEE, said: “We are looking forward to welcoming our customers to the extraordinary NOVOMATIC Experience at our stand. Whether you are focused on international markets or the Balkans, our product line up offers the best solution for everyone. We invite you to visit us, meet our team, and discover the best product variety for your needs. See you in Sofia!”
The post NOVOMATIC Presents New Gaming Highlights at the BEGE appeared first on European Gaming Industry News.
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Spillemyndigheden Calls Attention to FATF’s Updated Lists of High-risk Jurisdictions
The Danish Gambling Authority has called attention to FATF’s (Financial Action Task Force) updated lists of high-risk jurisdictions: the Grey List (jurisdictions under increased monitoring) and Black List (call for actions). Among other things, gambling operators must include FATF’s lists of high-risk jurisdictions when risk assessing players.
Jurisdictions listed on the Grey List are Algeria, Angola, Bulgaria, Burkina Faso, Cameroon, the Ivory Coast, Croatia, DR Congo, Haiti, Kenya, Lebanon, Mali, Monaco, Mozambique, Namibia, Nigeria, the Philippines, South Africa, South Sudan, Syria, Tanzania, Venezuela, Vietnam and Yemen.
Jurisdictions listed on the Black List are Democratic People’s Republic of Korea, Iran and Myanmar.
Gambling operators are required to conduct enhanced customer due diligence (EDD) pursuant to section 17(1) of the Danish AML Act, if a player is assessed to impose a higher risk of the gambling operator being misused for money laundering or terrorist financing.
Gambling operators shall conduct this risk assessment based on Annex 3 to the AML Act (high-risk factors) which includes the FATF high-risk country lists (the so called black list and grey list).
It is not required that gambling operators perform EDD if a country is listed on the FATF’s list. EDD are only a requirement for players from jurisdictions listed in the EU Regulation of High Risk Third Country list pursuant to 17(2) of the AML Act.
The post Spillemyndigheden Calls Attention to FATF’s Updated Lists of High-risk Jurisdictions appeared first on European Gaming Industry News.
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Betsoft Gaming Invites Players to Mount Olympus in Coins of Zeus – Hold & WinTM
Betsoft Gaming brings players to the heights of Mount Olympus with Coins of Zeus – Hold & WinTM, an engaging video slot with a 3×3 grid and 5 paylines set in a stunning Ancient Greek theme. From immersive visuals to thrilling gameplay features, Coins of Zeus – Hold & WinTM brings mythology to life, delivering divine entertainment and win potential.
In this release, Betsoft’s signature Hold & Win mechanic is paired with myth-inspired aesthetics and rewarding gameplay. The HOLD & WIN FEATURE—triggered when three or more BONUS symbols land, including at least one ZEUS BONUS—offers powerful win potential. Players will watch as the ZEUS BONUS symbols lock in place, amplifying the chance to secure rewards, while standard BONUS symbols clear to open up the reels for new possibilities. The respins reset with each new BONUS symbol that lands, giving players extra opportunities to secure significant wins.
Adding further excitement, Coins of Zeus – Hold & WinTM includes the GIFT OF THE GODS feature. This feature activates in the base game when BONUS or ZEUS BONUS symbols appear, providing access to additional HOLD & WIN rounds for increased win potential. WILD symbols, which substitute for all other symbols except BONUS and ZEUS BONUS, add further layers to the game, ensuring every spin counts.
A divine theme, crafted animations and sophisticated soundscapes ensure an immersive experience on the reels, bringing players face-to-face with the gods of Mount Olympus. The game’s stunning design and user-centric mechanics offer non-stop action and encourage player engagement at every level.
Coins of Zeus – Hold & WinTM stands as a testament to Betsoft’s commitment to creating innovative, engaging games that combine superior design with rewarding features.
Fernando Van Velzen, Head of Account Management at Betsoft Gaming, said: “With Coins of Zeus – Hold & WinTM, we have brought a fresh perspective to the mythological theme. The combination of high-quality design, captivating mechanics, and features like the ZEUS BONUS give players a truly immersive gaming experience. We are confident it will become a standout addition to our award-winning portfolio.”
The post Betsoft Gaming Invites Players to Mount Olympus in Coins of Zeus – Hold & WinTM appeared first on European Gaming Industry News.
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