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Interview with Lion Gaming: The Future of iGaming Software
By Shane Addinall Dec 07, 2023 InterviewsJoin us as we chat with Dan Janik from Lion Gaming to learn more about this iGaming technology platform provider and what the future holds for the company and its customers.We recently sat down with Dan Janik, CMO at Lion Gaming, to discuss what the future of iGaming holds.
Join us as we delve into the world of casino software providers, the many products Lion Gaming has to offer, and learn how Web3 and crypto are changing the world.
Q: Can you introduce yourself to our readers and tell us about what Lion Gaming brings to the ever-changing world of online gambling?
Sure. My name is Dan Janik, and I've been leading marketing at Lion Gaming for more than two years now. I'm excited to be a part of Lion Gaming because we bring a revolutionary edge to the ever-changing world of iGaming.
The Fer0x Engine is our advanced technology that serves as the cornerstone of our online casino and sportsbook solutions, driving unparalleled performance and setting a new standard for platform providers. With a visionary mindset and relentless pursuit of excellence, Lion Gaming combines bleeding-edge UX/UI design, industry-leading crypto and blockchain iGaming solutions, and innovative features to deliver a gaming experience that stands out among the crowd.
Our commitment to pushing boundaries ensures that operators have access to the most powerful, innovative, and comprehensive iGaming solutions available, empowering them to thrive in this competitive and evolving industry.
Q: Can you tell us more about your bespoke Fer0x Engine and how its tools and features ultimately benefit the player?
I've just touched on it in the first question, and I'm happy to dive into it in more detail. I'll outline 5 benefits that Lion Gaming's Fer0x Engine brings to players.
✓ 1. Comprehensive Crypto Integration
The Fer0x Engine stands out by enabling operators to accept over 1,000 different cryptocurrencies and tokens. This goes beyond basic acceptance, offering extensive flexibility for both operators and players. Crypto players can use their preferred currencies and tokens, and it also gives operators a competitive edge in attracting and retaining a diverse community of crypto players.
✓ 2. Seamless Web3 Wallet Integration
With seamless integrations with popular Web3 wallets like MetaMask, Trust Wallet, and Wallet Connect, the Fer0x Engine prioritises a frictionless user experience. Players can easily log in, deposit, and engage with online casinos and sportsbooks using their preferred Web3 wallets. These integrations are native to a player's browser or mobile device and make transacting in crypto with online casinos quick and easy.
✓ 3. On-Chain Wagering
We've introduced a ground-breaking feature into the Fer0x Engine with on-chain wagering capability. On-chain wagering provides players with a more transparent and secure way to engage in betting activities, contributing to a heightened level of trust and confidence in the operator.
Using smart contracts, players can place and execute wagers directly on the blockchain. The secure nature of smart contracts gives players confidence, knowing that payouts are assured and that games aren't unfairly rigged against them.
✓ 4. Airdrop Functionality
Built-in airdrop functionality is a strategic tool provided by the Fer0x Engine. Operators can leverage airdrops to reward players and foster engagement, creating excitement and exclusivity. While many platforms lack airdrop capabilities altogether, the Fer0x Engine offers this feature out of the box, offering a new and exciting way for players to get rewarded for playing online casino games while giving operators a strategic advantage in attracting and retaining players.
✓ 5. Customisation
Players are getting bored with online casinos that look and feel the same. The Fer0x Engine prioritises customisation at its core. Operators can now offer their players UI/UX that is unlike anything players have experienced elsewhere.
First impressions matter, and when a player visits a site that offers sleek designs and layouts, they enjoy their gaming experience more. Now that operators can adapt our platform to their unique branding and player expectations, they can offer players a more engaging online casino experience.
Q: We love that you are all in on Web3 and crypto gambling. Why do you believe blockchain-enabled gambling is the best solution for a modern casino audience?
If we look at the technology adoption curve and apply it to Web3 and crypto iGaming technology, it's fair to say that the Innovators and Early Adopters are already on board with blockchain-enabled gaming.
We can classify modern casino audiences as being part of the Early Majority and Late Majority pools, making up close to 70% of the total addressable audience in the technology adoption curve. These are people interested in the data-driven, demonstrable ways that technology can make their lives easier. They are logical and need to be educated to a degree before adopting a new technology.
As we've demonstrated through the power of the Fer0x Engine, and as I outlined in the previous question, blockchain-enabled gaming simply makes the gaming experience better for modern casino audiences.
If we isolate a single feature, such as MetaMask integration, it's clear that the gaming experience becomes much smoother for players. MetaMask is native to your browser and facilitates quick, easy, and seamless deposits and withdrawals in crypto. Transactions that used to take several steps and require intermediaries to facilitate have now been distilled into one or two steps.
Modern casino audiences want more from their gaming experiences, and blockchain-enabled technology facilitates that in countless ways.
Q: When looking for a crypto casino, what key indicators would you advise players to look for to find the best site to join?
The first indicator that any player should look for from a crypto casino is whether the casino is licensed or not. If the casino isn't licensed that is the first sign that the player should look elsewhere.
From there, it depends on what players want from their crypto iGaming experiences.
- Do you want to simply be able to play in crypto?
- Or do you want to see proof of your wager on-chain?
- Do you want to be able to deposit into your account through a Web3 wallet like MetaMask?
- Or do you want to simply be able to send crypto to a wallet address and play with that balance in your account?
- Do you want the flexibility to wager in various cryptocurrencies and tokens?
- Or just a select few?
Usually the crypto casinos with the most blockchain or Web3-enabled features are the ones that a modern crypto audience should gravitate toward. If the operator offers things such as Web3 wallet integrations, airdrop functionality, or on-chain wagering, chances are that they are constantly innovating and releasing new features to players that they can't find elsewhere.
If that's important for you, then choose the crypto casino with the most blockchain-enabled features.
Q: For our readers new to Web3 casinos, can you explain what Provably Fair games are and how they revolutionise the online gambling experience?
Provably fair gaming revolutionises the online gaming experience by introducing transparency into the gaming experience. With traditional online gaming, players must trust that the platform or game provider is providing fair and unbiased outcomes.
Provably fair gaming leverages cryptographic techniques to create a transparent and verifiable system where players can independently verify the fairness of each game. This innovation not only enhances player confidence but enables players to ensure for themselves that games haven't been unfairly "rigged" against them.
By enabling players to verify the randomness and fairness of outcomes, a more equitable relationship can be established between operators and players.
Q: While Lion Gaming is all in on Web3, you also host casino games from traditional online casino software providers. Can you tell us more?
While it's true that we're all in on Web3 and innovation in the iGaming space, we also have solutions catered to more traditional operators and as such, have partnered with major established companies in the iGaming industry.
For example, online casino operators using our technology can offer their players more than 11,000 casino games from more than 200 of the world's top casino games providers.
Q: Are there any plans to develop a feature or bonus game unique to Lion Gaming casinos? Perhaps even one that can be licensed to other providers?
Absolutely, Lion Gaming is at the forefront of innovation in iGaming, and we take pride in being the originator of licensed on-chain wagering solutions for online casinos. As part of our commitment to continuous improvement and unique offerings, we are actively exploring the development of features that we will make exclusive to operators who use our software.
These innovations will not only enhance the overall gaming experience for players but also showcase our dedication to staying ahead in the industry. Stay tuned for exciting developments as we continue to pioneer the future of iGaming.
Q: An essential part of any online gambling experience is what to expect should you be lucky enough to land a big win. Can you walk us through how transacting with crypto helps the player in this scenario?
In this scenario, I immediately think of smart contracts. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. In the context of big wins, this means that as soon as a player hits the jackpot, the associated payout is automatically triggered and executed through the smart contract. This process eliminates the risk that an operator will unjustly withhold a payout, reducing the risk of friction and potential litigation and ensuring a swift and accurate payout to the player.
Q: Which markets does LionGaming.io currently operate in, and what are your expansion plans for 2024 and beyond?
Lion Gaming is a company with a global outlook, and we harbour aspirations to reach audiences across established and emerging markets within the iGaming industry. While the allure of new markets remains constant for everyone in the industry, not just us, it's crucial to recognise and comply with the ever-evolving regulatory frameworks governing these markets.
Adhering to these regulatory guidelines is a cornerstone of our success, and our expansion plans align with the permissions granted within these frameworks.
A Passion for iGaming and Beyond
Lion Gaming clearly has a passion for the iGaming industry and looks to create new and exciting ways for players to engage in the games they already enjoy. With so much on the cards for the future, we're keen to see what Lion Gaming does next and what it will offer players around the world.
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