CasinoCoin outlines new strategy

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Last Update: September 21, 2022

2 mins read

CasinoCoin has announced a u-turn on earlier plans to swap CSC for Eminence Token, having become a subsidiary of Eminence Ltd, a new Isle of Man registered business.

CasinoCoin will instead continue operating under its own brand with its own token, giving the company a good foothold to pursue developments in future.

CEO Daniel Keller said that a new clear-cut goal as to how to move forward has been reached through additional investment funding led by Knox Group of Companies in the Isle of Man.

CasinoCoin will begin transitioning from its own CasinoCoin Ledger (CSCL) to the XRP Ledger (XRPL) and work towards the provision of cheap and fast payment solutions for various regulated industries.

The addition of the XRPL solution is intended to make it easier to enable third-party integrations, such as hardware wallets and exchanges.

Keller said that the company is looking to explore what DEX abilities and opportunities await ahead. KYC will however be mandatory, Keller explained, and the Bankroll Manager (BRM) will be re-released as the new CasinoCoin Wallet.

Better yet, Keller believes that CasinoCoin has sufficient funds and market cap to target a Top 15 Exchange listing for its CSC.

Keller admitted that many bridges had been burnt and that moving past those difficulties seemed untenable at one point, but some of those relationships had been repaired allowing CasinoCoin to once again gain momentum. He thanked the community for endorsing the project and standing by him during the difficult months since November.

Looking for your next crypto casino? Check out: Mega Dice or FortuneJack

Written by Barney

Co-founder

Barney is co-founder of CryptoGamblingNews.com. When not at work he can usually be found behind a Nikon. He's won numerous international competitions for his photography and volunteers as a content creator for aid organisations in Africa.
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