CoinGames has introduced its decentralized betting platform, utilizing blockchain and smart contract technology. The CoinGames web3 casino offers immediate withdrawals, access to daily promotions, round-the-clock live support, and a selection of over 10,000 games.

Addressing what it deems as “the primary challenge” in the online betting sector—conversion rates—CoinGames operates as a Web3 casino, eliminating the necessity for users to front-load funds, according to the platform.

In this model, all gaming transactions are executed via smart contracts, simplifying the process and improving accessibility. This strategy has delivered significant outcomes, with CoinGames reporting a 380% surge in conversion rates and a 200% rise in customer Lifetime Value (LTV).

The company stated, “Users benefit from expedited registration and deposit processes without reliance on third parties that often complicate and delay proceedings.” “Players retain complete control over their funds, enabling unrestricted withdrawals using their non-custodial wallets.”

All activities are documented on the CoinGames framework, which is constructed on the Binance Chain, Polygon Chain, and soon on Solana and Ethereum. The integration of these decentralized technologies and infrastructures contributes to a user-friendly and secure experience.

Edoardo Narduzzi, the President of CoinGames, remarked, “The launch of CoinGames as the world’s premier fully decentralized betting platform signifies a pivotal moment not only for us but for the entire online gaming landscape. Through the incorporation of blockchain and smart contract technology, we are establishing a new benchmark for transparency and user autonomy.”

“This represents the future of gaming—safe, user-centric, and endlessly thrilling. We take pride in spearheading this movement and welcome players to discover the distinction at CoinGames, where innovation intersects with entertainment.”

With a user base of 20,000 individuals, CoinGames aims to extend its outreach to one million users by the year-end. Operating under a specialized gambling license, the platform assures adherence to regulatory standards, reinforcing user confidence and security.

Furthermore, CoinGames is preparing to unveil its proprietary token, the CoinGames Token, through private investor rounds, followed by pre-sale and public sale phases.