The CR8 Wallet has also been announced. This allows for quick payments in the crypto gaming sector in global emerging markets. CR8 has cited transparency and flexibility as its main benefits, with the CasinoCoin blockchain providing its technical solution.
The namesake company is owned by Opibis, another blockchain leader, with George McIntosh as Managing Director and Matthew Cheetham as Operations Officer at Crazy8Token.
The company has also secured the services of an ambitious group of industry veterans to work as advisors, including David Zhou from Empire Gaming, Lee Astin from Astin Accounts Services, Paul Murphy from Betsson and Ivonne Montealegre from Malta Poker.
Crazy8Token will be available as part of a public sale on July 1 onwards, and can be bought directly within the CR8 Wallet with debit or credit card or using any of the supported popular cryptocurrencies. These are CasinoCoin (CSC), Bitcoin (BTC), Ripple (XRP), Litecoin (LTC) and Ethereum (ETH).
An official listing on exchanges will come later this year on October 1, 2020. The company also doesn’t require KYC compliance on the part of users, meaning that stake holders wouldn’t submit their sensitive information, such as proof of address, ID or passport.
The total supply will remain fixed at 500,000,000,000 CR8, with the amount already visible to the public in the CasinoCoin Ledger.
It’s important to note that CR8 itself doesn’t have a gaming licence with it not supporting gaming operations. The token is instead specifically designated to facilitate operations in the igaming sector. Interested parties can now download the dedicated wallet app from the Google Play and App Store.