DAO.Casino has announced a partnership with popular wallet and payment platform CryptoPay and with blockchain technology provider Starbase to tackle the Japanese Market.
DAO.casino, currently in the midst of its token sale with 15,348,300 USD or 51,161 ETH raised so far is an open ecosystem for gambling games that don’t rely on a trusted third party. It is a decentralized governance system built on Ethereum that rewards all developers, security auditors, and community members for their contribution to the platform where players can discover and play scam-free games using a familiar and straightforward user interface
Online casinos often have problems with transferring between internal currency and fiat money. Partnership with CryptoPay will allow gambling companies using the DAO.Casino protocol to find a simple solution to this problem.
With Cryptopay clients can easily and instantly transfer BET (DAO.Casino tokens), fiat money, bitcoin, and other cryptocurrencies between their platforms/games and the real world.
Founded in October of 2013, Cryptopay is a wallet and payment platform where merchants and consumers can transact directly, backed by the Bitcoin payment protocol.
Partnership for the Japanese Market
Starbase is a hybrid of a crowdfunding platform and an accelerator. Their goal is to make it easier for everyone to benefit from blockchain-based crowdfunding, and apart from raising funds, it also connects teams, new team members, creates communities and offers training.
The DAO.Casino team said they have been following the development of their ideas and projects for a while and decided to partner up. Starbase will reach out to game dev teams and solidity devs based in Japan and elsewhere.
TaaS Investment
Also worth noting, is that Token-as-a-Service(TaaS), the tokenized closed-end fund dedicated to blockchain assets, announced in late June that its fifth investment is in DAO.Casino. The investment amount allocated by TaaS is 500 ETH, which was equivalent to $150,000 at the time of the transaction.