Crypto Society Ama Recap with Crypto Casino — 19th November 2024
💠#1 web domain to bet on crypto is coming with a full Telegram integration. Launching 19 Nov!
💠Stacked team with a track record running a number of successful projects in the web2 gambling space including raketherake.com a highly successful referral platform for online poker.
💠Featuring Partnerships with CryptoCasino streamers, sports betting tipsters casinoand KOLs serves as a catalyst to grow the platform.
Bilo| Crypto Society
Welcome @Jakkpot777, it’s our pleasure to have you with us today. I would like to welcome you here on behalf of our entire community.
To our audience, you can type in your questions at the end of the muted portion of the AMA and the team from CryptoCasino will answer as many as possible depending on the time available and will then select Five winners for prize distribution.
Jakkpot CryptoCasino.com
Thanks for having me! Looking forward to the AMA with your community!
Bilo| Crypto Society
Could we begin with a brief history of yourself and your team, and your role at CryptoCasino and what you were doing before CryptoCasino & How CryptoCasino started?
Jakkpot CryptoCasino.com
My name is Jack and I am the COO of CryptoCasino.com. I’m responsible for overseeing the daily running of both the project and the casino itself.
The entire team of CryptoCasino comes from an extensive background in the online gambling space. Our two founders created RakeTheRake.com back in 2006, growing it to be the largest online poker affiliate in the world with over $185 million given back to 250,000+ poker players in the last 18 years!
Before CryptoCasino, I was the Head of Betting Products at a software development company that supplied casino and sportsbook software specifically for web3 and crypto gambling. Previous to that, I was the Head of Sportsbook Operations for a UK-based online betting company that grew to a value of over $50 million.
Bilo| Crypto Society
Awesome. -thanks
Please explain what CryptoCasino is as simply as possible. We will dive deeper as we progress in this AMA.
Jakkpot CryptoCasino.com
CryptoCasino is the Home of Crypto Betting.
We offer over 5,000 casino games from the world’s top providers, a premium crypto sportsbook, eSports betting hub both online and in our Telegram web app (t.me/cryptocasinoofficialbot)
With over 20 cryptocurrencies to bet with, web3 and Telegram integrations, daily bonuses for players and our own $CASINO token that features 50% buyback and burn from the net profits of the casino, we are blending community-based crypto with an incredible player experience.
Bilo| Crypto Society
Which chain(s) have you built on and why did you make that choice?
Jakkpot CryptoCasino.com
For the casino, we accept cryptocurrencies from a variety of chains including bitcoin, Ethereum, Solana, Binance Smart Chain, Avalanche, and more!
We have built our token on the Ethereum network due to its stability and long-term viability.
Bilo| Crypto Society
Does the CryptoCasino app leverage AI to improve the user experience?
Jakkpot CryptoCasino.com
Yes, in fact we use AI in both the casino and sportsbook to deliver the best player experience.
This means that our casino is optimized to deliver the favourite games to new players based on what is popular in their region. Then, as they bet, AI will select a combination of their favourite games and games we think that they will enjoy based on their past history.
CryptoCasino comes from our love of both betting and blockchain technology. We purchased the domain back in 2018 and have been building up to the launch of CryptoCasino.com, which has now just launched today.
Bilo| Crypto Society
That’s so cool. So then the user experience improves over time.. Nice
When is TGE?
Jakkpot CryptoCasino.com
The $CASINO token will be launched on December 15. Right now, we are holding the presale and tokens can be purchased at token.cryptocasino.com
We have already raised nearly $500,000 in the presale and still have almost a month to go!
Bilo| Crypto Society
Ok nice. That answered my next question. About the raise.
What inspired the creation of $CASINO, what is its use case and how does it incentivize and reward the community? And finally tell us about your burn program.
Jakkpot CryptoCasino.com
We wanted to be more than a typical crypto casino. The $CASINO token is a way for us to both grow and reward our community.
There are two sides to the token:
1. For holders and investors, we have the 50% buyback & burn program. Each month, we will take 50% of the net profits from both CryptoCasino.com and our Telegram casino, then use it to buyback the $CASINO tokens from the open market and burn them.
This creates more scarcity of the token and adds value to the holders.
2. For players, the $CASINO token offers a number of benefits including a 300% deposit bonus (it is 200% for all other coins), exclusive bonuses, higher ranking in our VIP program, and much more!
Bilo| Crypto Society
I noticed you have a Telegram app as well. How important is that for your project?
Jakkpot CryptoCasino.com
Very! All of us here know how important Telegram is to the world of crypto.
It’s the place where everyone comes to find new projects, discuss crypto, etc.
That is why we developed the Telegram app, which literally allows everyone to enjoy the same experience of CryptoCasino.com right from within the app.
The best part is that clicking on t.me/cryptocasinoofficialbot not only opens the Telegram app, but you are instantly registered with your TG account. No KYC, no personal data shared.
Bilo| Crypto Society
Great idea. Love it
What kind of licences are required to operate CryptoCasino and which jurisdictions are you currently allowed to operate in?
Jakkpot CryptoCasino.comTo make sure that we are both 100% compliant with all laws and to give our players the assurance of safety, security and fairness at all times, we are a fully licensed crypto casino.
We hold licenses in Curacao, Anjouan and Costa Rica. These licenses keep our players protected at all times.
Through these licenses, we are able to operate virtually everywhere in the world, except the United States.
Bilo| Crypto Society
Who are the target consumers of your platform? Web2 Vs Web3 and if you’re targeting Web2, how do you plan on educating your new users on Crypto & on chain management of their interactions
Im thinking this is one of the target consumers
Jakkpot CryptoCasino.com
Since we are based in innovation and the understanding that crypto is the future, our target audience is certainly web3 and Telegram next-gen bettors.
But, we also offer web2 registration via email for anybody that may not yet be into crypto. Plus, we have a Buy Crypto feature in the casino, where people can buy directly from Changelly using their credit or debit card and it gets deposited right in their account.
And we definitely accept crypto apes, degens, memecoiners (you can bet with SHIB, DOGE, PEPE, FLOKI, BONK and more) and all the other types of people that lurk in crypto Telegram 😉
Bilo| Crypto Society
Love it. Any education planned for the future for newbies?
Jakkpot CryptoCasino.com
For sure! We are created a series of videos on everything from how to buy crypto to connecting wallets to depositing and withdrawing.
Especially with all the new eyes on crypto as BTC keeps breaking ATHs, we want everyone to be welcome in CryptoCasino.
Bilo| Crypto Society
Tell us about your VIP program 👀
Jakkpot CryptoCasino.com
Our VIP Program is all about rewarding the users that play with us regularly.
Just like in crypto, you start out as a Noob, but the more you play, the more you earn XPs that help you level up.
Each new level includes a bunch of perks such as a level up cash bonus (up to $10,000), cashback on your bets (up to 15%), a personalized VIP manager after the 6th level, and even personalized experiences like NFTs, tickets to your favourite sports team, and if you play long enough, maybe even a Lambo.
Bilo| Crypto Society
You thought of everything 😯
What projects are currently doing or looking to do something similar to CryptoCasino and what differentiates you from them?
They definitely wouldn’t have thought about everything 😏
Jakkpot CryptoCasino.com
There definitely are a few other projects in the crypto betting space such as Rollbit and Shuffle that have been successful.
The nice thing is that we were able to see what works well for them, then improve on it. Plus, adding our own twists.
For example, our Telegram casino is something that none of the major crypto casinos have.
Next, while the others have buyback & burns, their percentages are low compared to ours. Shuffle’s is 15% and Rollbit’s is only 10%, so we are all about giving more back to our community.
And to think, Rollbit already hit a MC of over $500 million before with a buyback & burn of just 10%.
Bilo| Crypto Society
Thanks. Definitely like your model
LB | Crypto Society
Bilo| Crypto Society
What are you currently working on and can you describe your future roadmap?
Jakkpot CryptoCasino.com
Well, it’s been quite busy for us as we currently have the token presale running and just launched the casino today!
However, we have quite a few things in the works:
December 15 We launch the $CASINO token. Everyone who has purchased in the presale will be able to claim it.
But, there’s more! That day we also launch our staking program, which allows holders to stake $CASINO for an APY of up to 10%, going all the way up to 15% for VIP players in the casino.
We will also be creating a liquidity pool on Uniswap for token trading AND will be launching on a top-15 CEX/
January 2025 This will be our first buyback & burn, where we will take 50% of the profits from November 19 — December 31.
Q1 2025 We will be working on our own CryptoCasino Original Games such as Crash, Plinko, Mines, and more, which will then be released into the casino.
Bilo| Crypto Society
Could you please provide us with some challenges CryptoCasino has faced but overcome?
Jakkpot CryptoCasino.com
There have been a few!
We have been working on this project for over two years now. We had previously worked with another development team to assist us in building the casino platform, which took quite some time.
However, after a while we saw that they did not have the expertise required to deliver a game-changing platform. So, that did set us back some time. But, the team shook it off, we began working with new developers and today we get to see the result of that partnership with the casino launch.
With a premium domain like CryptoCasino.com, we only wanted to launch the best platform for our players and community members.
Token.cryptocasino.com is the link to the $CASINO Presale
Bilo| Crypto Society
We have come to a portion of the AMA that’s very important
It’s how shall we say, detrimental, if I can’t get your cooperation
Allow me to explain
I need alpha…
Like breaking news…
Something no one else knows…
Like not even you partners. Ok maybe them its ok…
You know, I don’t like doing AMAs because I’m placed under a lot of pressure to extract alpha and breaking news. I’m constantly threatened with being fired if I do not manage to get our guest to spill the beans.😞. I am responsible for conservation of the whale habitat (not crypto whales ser, real Whales. Sperm whales actually) in the north west Atlantic quadrant & I use the salary I earn here to pay for it. I need this job. 🥹.
Also, it’s considered very bad luck and a bad omen not to grant this information to the AMA host on the day of the AMA host’s AMA. So, I need some breaking news or alpha ser that’s only shared here.🤫
Please think before typing.
Jakkpot CryptoCasino.com
Ok let me think of the best piece of alpha info that I can drop here for everyone.
Really putting me on the spot here.
Bilo| Crypto Society
If you get fired for sharing alpha, you can come do amas with me. We can split the salary.
Jakkpot CryptoCasino.com
The best piece of alpha that I can drop right now (and I’m sacrificing myself for the AMA because our affiliate manager may kill me)
IS
That we have three big partnerships coming up with MASSIVE casino streamers! The deals are just being finalized this week, but by next week we will have some of the most well-known crypto casino streamers playing on CryptoCasino.com on a daily basis!
Bilo| Crypto Society
Dm me the names
I will only share them with those on a need to know basis. Promise 🤞
Is there anything else we haven’t covered that you’d like to go over?
Jakkpot CryptoCasino.com
Haha yyes, just DMd you the names
LB | Crypto Society
Jakkpot CryptoCasino.com
I think you asked me everything I need to answer (and more!)
Bilo| Crypto Society
We will open up the chat for community questions and for
You to select the top 5 for the $25 casino vouchers. Thx
Jakkpot CryptoCasino.com
Thanks for all the questions! I’ll pick my five and answer now.
If I answer your question, please DM me afterwards and we will get your $25 into your CryptoCasino account so you can try out the platform
puzzle123
Do you need to fulfill any KYC or anti-money-laundering tasks?
Jakkpot CryptoCasino.com
You do not need to do any KYC or share any personal information to play at CryptoCasino.com in 99% of the cases.
We pride ourselves on being very crypto-centric, which respects the privacy and security of our players.
In some unique circumstances, such as possibilities of fraud or issues with the account, you may be asked to fulfill KYC. But, those are mainly in special situations.
Flame Dev0x
How are withdrawls from the casino? Just free withdrawal or are there any requirements?
Jakkpot CryptoCasino.com
The withdrawals in the casino are instant and free. We never charge any fees for deposits or withdrawals at all. For deposits, like with any crypto transaction, you will have to pay the gas fees.
However, the withdrawals come immediately and don’t cost you a thing!
Denkor
How exactly will the Telegram integration benefit CryptoCasino users and what are the special features players can expect?
And thank you for your time !! 🫶
Jakkpot CryptoCasino.com
The biggest benefit of the Telegram integration is that players can register instantly and only using their Telegram username.
This means you don’t need to share any email, personal information, or anything else. And, it literally takes one click to be registered.
We will also offer special bonuses for Telegram players as we use a tool called TG Suite to keep in touch with all Telegram players on a regular basis
PumpeyeTheTraderMan
What will be generating the staking rewards?
Jakkpot CryptoCasino.com
In the beginning, we have set aside an allocation in the tokenomics for the staking rewards in order to reward long-term holders.
However, as the casino is running and players are able to bet with $CASINO tokens, we will take a portion of those to add to the pool for staking rewards, allowing people to continue to earn by staking in the long-term.
L B
what is the max amount able to be bet on your platform? any limits?
Jakkpot CryptoCasino.com
The maximum amount depends on which game you are playing, but the amounts are quite high.
For example, on slots you can bet up to $100 per spin on many of the slot games. In live blackjack, you can bet up to $10,000 per hand.
In the sportsbook, the maximum bet can be as high as $50,000 on a specific bet, depending on the player and what they are betting on.
Plus, as you move up the VIP rankings, you get a personal VIP manager that understands your needs as a bettor to make sure that we can accommodate any big bets you may want to place.
I just want to thank @Bilo_2000 for being a great AMA host! And thanks to the entire Crypto Society community for having me.
If I chose your question, please don’t forget to DM me so we can get those funds into your CryptoCasino.com account!
If anybody has any questions or wants to join our community, please join t.me/cryptocasino_official
If you want to buy some $CASINO, you can do so at token.cryptocasino.com
And
If you register for either CryptoCasino.com or the Telegram casino at t.me/cryptocasinoofficialbot you will receive 200% deposit bonus up to 1 BTC + 50 Free Slot Spins + a $5 sports bet for any deposit over $20 of crypto.
Follow on Twitter: https://x.com/cryptocasino
Follow on Telegram: https://t.me/CryptoCasino_Official
Crypto Society Twitter: https://x.com/cryptosocietytg
Crypto Society Chat: https://t.me/cryptosocietyy
Crypto Society Announcements: https://t.me/CryptoSocietyyy
