Fairspin - the first licensed online casino, that combines blockchain technology with the classic casino experience. The casino uses the comprehensive technical solution, provided by the TruePlay platform. This is a guarantee of transparency and safety of transactions, based on the blockchain.
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Fairspin history
Fairspin.io was launched in 2018 and was previously known as Fairplay. By the end of 2019, the company introduced the update and Fairspin.io appeared. This is a licensed casino of Curaçao eGaming. Its specialization - the introduction of the blockchain technology and the unique Honesty Control solution, developed by TruePlay. To learn about the principles of the platform, you need to go to the site to the description section, since the project doesn’t have a WhitePaper. Also, you can find out new information from the social networks such as Twitter and the Telegram channel.
Transactions are processed by using TPLAY tokens on the platform. In view of this, their cost is 0.001 ETH per token. All games on Fairspin.io are noted in the smart contracts. This makes it possible to maintain transparency of activity in the system. Deposits and payments are available in major cryptocurrencies, including BTC and ETH. You can also use the Etherscan blockchain on the resource. Using this smart contract, you can track your transfers.
The project doesn’t have a RoadMap in the public domain, but in 2019 the resource was waiting for a success, thanks to their development. Stable growth and development of the platform were recognized after the Fairspin nomination. The resource was nominated in the Rising Star category for the EGR Operator Awards and SBC Awards. The service also visited the SiGMA iGaming Expo in Malta in November 2019.
Fairspin benefits for players
The resource in the development process, first of all, always relied on its usefulness. And, as a result of the phased work, we can note the strengths for the players in Fairspin:
| 1. Deposits in electronic currency | The platform has the blockchain base and users remain completely anonymous. Firstly, the digital currency made it possible to verify that deposits don’t disclose the personal data of the owner. Secondly, quick payments are possible, which can’t be blocked by banks. Moreover, there are no limits for replenishment. |
| 2. Successive payments | Players can access the balance at any time. Quick withdrawals without limits are also facilitated, but they should be directed to an anonymous crypto wallet. |
| 3. Blockchain draws and generous bonuses / promotions | New players, entering the platform, receive a bonus of 30 free spins. And besides this, a bonus for the first four deposits, made by players. Also, the resource returns 10% of the total amount of losses. |
| 4. Honesty of the management | Fairspin's fair management feature is one of the most unique among various casinos. Usually, when you make a bet, the casino server store it. But here the blockchain network fix it. Validation is very effective and most of the data isn’t identified and stored in an encrypted form. |
In general, the Fairspin.io honesty control function creates a level of trust between the platform and the players, which can be explained by maintaining a fair and legitimate online casino. The service has taken care of those, who want to deposit fiat funds. Fairspin added a payment method via Mastercard and Visa recently.
Enabling Responsible Gaming on the dapp
Gambling can easily get out of control of players. To do this, the platform has the “Responsible gaming” function. The company offers gaming measures for those, who would like to control their losses on the site. Available mechanisms include:
- self-exclusion;
- financial restrictions on rates and losses;
- session time limits.
The team takes care of their users and to make them happy. In view of what, it is developing similar functions for the convenience of using the game.
In general, the organization is a well-designed platform that takes care of the necessary goals, regarding safety, rewards and anonymity. Online casinos are also available in 8 languages. This increases the demand for it all over the world. The platform has a limited time in the industry and with more maturity and experience, it can become one of the most popular online casinos in the online gaming industry.