Overview of Fairspin: A Blockchain Casino With About $6 Mln Of Provable Winnings

Overview of Fairspin: A Blockchain Casino With About $6 Mln Of Provable Winnings

By Andrey Sergeenkov | For the future | 12 Dec 2019


The major shock among most of the gamers is the fear of being manipulated or cheated. There is a constant concern that the games are tweaked since the possibilities are biased in the casino favor. Given these challenges, emerging blockchain technology has everything to become a much-needed solution. 

Fairspin (formerly known as Fairplay.io) claims to be number one in online casinos. Fairspin offers transparent transactions, actual winning rates of every game, and possibility to check every deposit and payout via a blockchain explorer.

What is Fairspin?

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In 2018, the Fairspin project started. The online casino is operated by Techcore Holding B.V., a company registered under the laws of Curaçao. Fairspin is a licensed casino that has implemented a blockchain Honesty Control solution developed by TruePlay. The casino publishes and provisions game statistics based on blockchain technology. These statistics are commonly available, and all bets and deposits made in the casino can be confirmed over the blockchain explorer.

The goal is to deliver transparency solution as players often face when they play in online casinos. The blockchain-based solution also provides transparency for all contributors in its network, including game providers and affiliates. Users can verify the volume of their stakes, earnings, losses, and calculate the payment percentage in the blockchain explorer.

Fairspin and the Strengths of a Blockchain Casino

By linking to the blockchain-based TruePlay online gaming platform, the monitoring of Fairspin is transferred to the players themselves. Every transaction at Fairspin runs over a smart contract on the blockchain-based on Ethereum and is easy to track on Etherscan. All operations such as deposits, bets, withdrawals, winnings, and losses are secured and traceable. The same applies to the financial balance of Blockchain Casino.

Besides, Fairspin's Blockchain Casino website will display up-to-date casino stats. Until the release date of this post, Fairspin players have already won about 39573 ETH. The most substantial single-time profit was almost 55 ETH.

The Decentralized Game Concepts

To ensure player confidence, Fairspin uses TruePlay software that powers blockchain technology to remove the chances of stealing and changing game results. TruePlay uses hashing technology to hoard game data in the blockchain and makes sure that no one can alter the system.

The casino players also benefit from safe, fast, precise, and inexpensive transactions.

Welcome Bonuses and Great Games

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In addition to offering secured blockchain services, Fairspin also appears to recognize the reputation of a wide-ranging collection of different games. The casino acquires its games from some of the most trustworthy players in the iGaming industry, including Microgaming, iSoftBet, Play 'n' Go, PG Soft, Playson, and Spinomenal.

There are also other popular games offered at the casino, such as roulette, slots, video poker, card games, and lottery. Some others played slots include Warlords, Down the Pub, Gold Rush, Space Lights, Odysseus, Fireworks Master, Fruits of the Nile, etc. As for playing card games, players can appreciate diverse varieties of Poker, Black Jack, Progressive Red Dog, and Baccarat. Sadly, the currently top-rated game developer BTG (Big Time Gaming) is missing from the catalog.

For new players, Fairspin offers regular promotions. Each unique player collects 30 free spins on some selected games. All users need to register on the portal to get the benefits. For all new players, Fairspin casino offers a comprehensive welcome bonus package. Unfortunately, Fairspin does not provide a long-term loyalty program until today.

Cryptocurrencies & Transparency

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The numbers are currently listed in TPLAY, the internal Blockchain casino currency. However, you can easily do the conversion because 1 TPLAY equals 0.001 ETH.

The actual conversion also costs neither time nor effort. Online players make deposits into Ethereum, Bitcoin, and top altcoins by merely transferring the amounts to the casino wallet. These amounts are automatically transformed into TPLAY for playing. When a player desires a withdrawal, his TPLAY earnings are converted back to his preferred crypto.

Transparency is the criterion that distinguishes Fairspin from other online casinos. However, this outstanding feature is not at the cost of proper gaming experience. With hundreds of leading-edge games, joining bonuses of up to 200%, 30 free spins, and other offers, players need not sacrifice the gaming experience for the benefit of security and transparency.

Conclusion

Fairspin seems to be a well-done online casino that implemented secure methods to eliminate the problems arising from the absence of transparency and verifiability. Not long ago Fairspin (then Fairplay) got nominated for two prestigious awards – EGR Operator Awards and SBC Awards 2019 in the Rising Star category.

Backed by a broad gaming portfolio as well as some of the market's safest payment methods using blockchain technology, Fairspin has every chance of being your new favorite casino in the future.

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Andrey Sergeenkov
Andrey Sergeenkov

Let's meet. I am Andrey, Marketing and Public Relations specialist in the crypto area. I already helped for 34 crypto projects. They collected more than 20$ millions of investments, and I am proud that my help was a significant part of their success. Let


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