WINR Protocol unveils new features and upcoming WINR Chain launch

Initial products include a decentralized liquidity engine, fair incentive mechanism, and gaming SDKs

WINR Protocol, a prominent name in the world of on-chain casino games and igaming, has recently revealed its plans to introduce a host of innovative features. Simultaneously, the launch of the WINR Chain in the fourth quarter of this year is anticipated.

The primary objective of WINR Protocol is to revolutionize the igaming landscape by providing advanced blockchain infrastructure and tools.

This initiative aims to establish a transparent, decentralized, and non-custodial platform, offering users a seamless gaming experience while operating entirely on the blockchain.

With the successful deployment of their initial three products, which include a decentralized liquidity engine, a fair incentive mechanism, and gaming software development kits (SDKs), WINR Protocol has garnered the support of over a thousand users and has facilitated a substantial trading volume of $60m. The next phase in the WINR tech stack is centered around account abstraction.

The introduction of the account abstraction module comes in response to common issues that have plagued the industry.

The difficulties faced by decentralized applications (Dapps) in onboarding traditional web2 users due to user experience constraints and challenges associated with scattered liquidity and onboarding processes for funds on traditional gambling platforms have been addressed.

The damage to the trust relationship between custodial web2 platforms and users over the years, stemming from sudden account restrictions, arbitrary Know Your Customer (KYC) requirements, and the unsettling phenomenon of web2 platforms disappearing, has been a concern.

The account abstraction module offers a practical remedy by enabling shared, non-custodial, user-owned accounts on-chain. This is accomplished through methods such as social logins, email authentication, and injected wallets.

The result is a unified authentication system where users can effortlessly access all WINR-powered platforms across any chain with consistent credentials.

This integration allows users to manage their on-chain smart account wallet, underpinned by smart contracts, ensuring streamlined, one-click betting without apprehensions about deposit and withdrawal complications.

Meanwhile, platforms can concentrate on delivering a seamless betting experience without the necessity of luring deposits.

This groundbreaking account abstraction module is set to debut this month on JustBet Casino, followed by integration with on-chain gamified DeFi casino DegensBet in subsequent weeks. 

Furthermore, the highly anticipated WINR Protocol, along with the imminent launch of WINR Chain, is slated for release in the fourth quarter of this year. 

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Written by Silvia Pavlof

Silvia has explored various forms of writing, ranging from content creation for social media to crafting movie scripts. Drawing on her experience as a journalist specializing in the gambling sector, she is currently investigating the impact of cryptocurrencies and blockchain on traditional gambling and iGaming.

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