DoubleUp is a new blockchain casino that offers a unique approach to gambling by integrating decentralized finance elements. The platform provides players with various betting and reward opportunities.
Key Features of DoubleUp
DoubleUp offers various casino games, including coinflip, roulette, and slots. The platform emphasizes community interaction and features a reward system including lotteries, referral programs, and leaderboard participation.
Launch of the $UP Token
On May 11, 2025, the platform launched the $UP token, which appeared on the market without prior announcements. Within the first 24 hours post-launch, the token saw a sharp increase in volume and popularity, reaching a market cap of $53 million.
Funding and Future Plans of the Platform
DoubleUp raised $4 million in a seed funding round led by Karatage. The funds will be allocated for platform expansion and new product development.
DoubleUp aims to develop a unique level of gambling and decentralized finance, providing users with new forms of excitement and participation in the digital world.
