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Investors are Cashing in on the Rise of Telegram Casinos
By Shane Addinall Oct 07, 2023 TechnologyTelegram Casinos are here and ready to change how you play. With secure casinos built on the fastest messaging platform, even investors are taking note. Could Telegram Casinos be the future of crypto gaming? Find out here.Telegram casinos are one of the latest innovations in the online gambling industry, potentially leading to bigger growth for the iGaming industry as a whole.
The new TG.Casino telegram-based crypto casino follows successful sites like Rollbit in showing the potential of Telegram casino gaming.
While it's still a new development, the Telegram crypto gaming industry is quickly gaining popularity and changing the scope of the sector.
What Telegram Casinos Offer
Telegram casinos are changing the gaming industry and bringing new possibilities to the front. Sites like TG.Casino has caused quite a stir, raising $370,000, with the project promising to change the crypto casino landscape for good.
GambleFi is a blockchain-based platform that lets users partake in decentralised prediction markets and earn rewards. GambleFi platforms started the year with 5,000 members and grew to just under 50,000 by September. What makes these Telegram-based crypto casinos so special is that they fill a hole in the market.
It cuts out the struggles that first-generation crypto casinos bring with the use of Web3, which is not understood by all. These modern platforms are built on the world's fastest private messaging app, and the design is focused on providing an easy-to-use and beginner-friendly experience to all.
QuoteUnibot is another feature that simplifies sophisticated crypto trading strategies, making them available to Telegram's 700 million users.
These sites are easy to access directly via Telegram and interact with blockchain. On top of that, deposits and withdrawals are lightning-quick and anonymous - and include various cryptocurrencies.
Not to mention, the registration process takes a couple of seconds and does not include KYC procedures. Players at these sites have access to the best gaming entertainment, including top slots, table games, and more. As for sports betting enthusiasts, there are plenty of sports markets to wager on. Top Telegram casinos offer pre-match and live betting along with streaming.
Users have access to around-the-clock customer support, and when it comes to bonuses and promotions, the sites are not far behind traditional gaming platforms. Offering players the chance to claim welcome bonuses, Free Spins, cash backs, and so much more.
Another great aspect of Telegram casinos is the community-based operation and unique collection of crypto-friendly games. Not only are they beneficial for investors but also for the crypto gaming industry, as they enable even new players to make swift transactions and enjoy quality games while on the move.
Investors Rooting for Telegram Casino Growth
With so much potential for growth, Telegram sites are seeing a lot of interest from the crypto-investing community.
With TG.Casino, as an example, the presale alone raised $370,000 in a little more than a week. But is the investment beneficial to investors?
It just might be, considering TG.Casino is expected to hit its target of $5 million soon, and all early presale investors have the opportunity to earn a huge annual percentage yield (APY). Until recently, the APY was just above 1,150%.
On top of that, investors get profits from all token holders. A buyback program also burns 40% of these tokens and shares 60% with token stakers. This buyback program is quite successful among crypto sites. When Rollbit first announced its token buyback scheme, its native token, $RLB, saw a 60% intra-day pump.
The industry keeps moving and changing, with research showing that the majority of players today prefer gaming via their mobile devices.
QuoteStats indicated that around 80% of online casino games are played via mobile and are primarily played on crypto casinos designed for mobile use.
These crypto sites are becoming more popular by the day as they are easy to access, keep transactions anonymous, and have no KYC.
What is currently a new gaming style can potentially turn into a market bringing in billions in revenue in the years to come.
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