Fairspin: Seamless Gambling Experience Provided by Blockchain - Coindoo

Fairspin: Seamless Gambling Experience Provided by Blockchain

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Apr 1, 2020
4 min reading time
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Fairspin (formerly known as Fairplay), is an online casino that uses the technology of blockchain to offer secure and fair gambling and betting games.

Since its launch in late 2018, the casino has managed to carve a reputable image, earning two prestigious awards, EGR Operator Awards 2019 and SBC Awards 2019, in the Rising Star category.

Our bet on transparency proved to be a success because that’s what iGaming really lacks. Now, we are ready to go to the next level and this requires a brand upgrade as well. The new name – Fairspin – better represents what our product brings. Each spin in every game is recorded on blockchain. This allows players to track all gaming stats and be sure of getting fair payouts,”- said the Fairspin team.

Fairspin Features

Blockchain Transparency

Fairspin.io is the first online casino to make use of blockchain integration for classic games created by top providers, such as NetEnt, Microgaming, iSoftBet, Betsoft, and many others. The platform uses the technology developed by TruePlay, a well-known iGaming blockchain solution provider.

Wide Variety of Games

The crypto casino has a comprehensive library of titles, consisting of slots, roulette, card, lottery, and video poker games. There are hundreds of games from which you can choose, including classics such as Mega Moolah. Fairspin has also introduced many new games with engaging animation and designs as well as exciting gameplays.

Provable Gaming Stats

All Fairspin transactions are made by using TPLAY tokens, and all the games and their outcomes are recorded into immutable smart contracts. This enables players to track their deposits and payouts on a blockchain explorer, and it also allows the tracking of all gaming stats, such as wins, losses, and payouts (without revealing the personal data of players).

For instance, we could find the biggest single-transaction payouts and single-session wins in 2019 on the website. The payouts in question were:

  • 9/10/2019 – 44 ETH;
  • 12/7/2019 – 34.5 ETH;
  • 11/22/2019 – 30.1 ETH;
  • 10/4/2019 – 30 ETH;
  • 9/28/2019 – 29 ETH.

And the games with the biggest wins were:

  • 300 Shields – $8938 in one game session;
  • Book of Gold – $7695 in one game session;
  • Invisible Man – $7502 in one game session.

As all of Fairspin’s transaction data and gaming stats are kept on the blockchain, which is a transparent ledger that cannot be modified, all winnings and payouts can be tracked and proved.

Crypto and Fiat Options

Fairspin’s blockchain implementation allows customers to benefit from the transparency and security provided by this next-generation technology while playing online classic games. Even though the players are able to track and verify their deposits, bets, wins, and payouts by using the blockchain explorer, they can also make convenient cryptocurrency payments. Crypto deposits are faster, anonymous, more secure, and incur fewer transaction fees than traditional payment methods. As cryptos are decentralized, they are not controlled by banks.

Fairspin crypto

Users can deposit and quickly withdraw either with Bitcoin or Ethereum. The platform also uses TPLAY, which is a token created by the TruePlay provider. This utility token can only be used in games that are linked to the TruePlay site.

Fiat payments are also enabled, and using them does not impair the ability of Fairspin users to verify their gaming and transaction stats on a blockchain explorer, as all funds deposited on the crypto casino are exchanged automatically in TPLAY on the platform.

Licensed Platform

Fairspin holds licenses from Curaçao eGaming, who is a reputable regulator in the online casino industry and an exclusive partner of the TruePlay provider.

Multiple Languages Supported

The website is translated into a number of languages in order to be accessible to a global audience of players. The platform is available in English, Spanish, German, Portuguese, Russian, Japanese, Turkish, and Polish. More languages are in plan to be added in the near future.

Fairspin is a crypto casino that has taken the advantages of blockchain and has merged them with the fun of classic gambling games, providing a secure and fair gaming experience for all its users.

Featured image: cryptomak.co.uk

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* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
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