If they have their own token on the block chain they will get the same benefits using their token as they would the CSC token, again showing casino coin partners the CSC token has a weak-ish use case not to be confused is the CSC block chain.
CSC is very cheap to buy in at the moment, that's true. We didnt create 40bln out of thin air and distributed. Everything else is bonus now. We sell coins end the end of the month mostly to collect funds for stuff we need to pay. Because of this, Cammegh Gaming, the biggest roulette wheel manufacturer in the world will be using CSC ledger to record data from their wheels using their custom 'Cammo' token.
We only sell enough coins to cover the costs. But I casino coin partners the feeling people have been under the impression that other projects came out of nowhere, with a lot of listings, millions of volume and high liquidity.
The developers have stated that they could easily implement multiple tokens a week click here have been getting steady offers and clients approaching them to discuss usage.
I happened to visit the casino coin chat site which looks similar to XrpChat, and I saw there a lot of old timers who left this site, sold all XRP, and now playing the dice on with CSC.
The Foundation didn't collect money and runs on its own budget. Csc coin has been around in one form or another casino knokke grand de a few years" as you say.
I think we are now in a good postion for I am pushing our devs on a daily base to sign the code for this off.
Most coins that currently have high volumes not the top25 managed to get some traction and used premines or ico money to get on big exchanges. Even that You know this beer exists makes you a Pro!!! Before I start I would like to point out that I do work for the Foundation. Yes, partners have to donate 25k worth of CSC to the Foundation. We do not endorse exchanges and we do not pay for listings. If they don't want to do this for any reason, they can create a token on the CSCL. The BRM is just one of our solutions. It's community-driven and free from the influence of the Foundation. However, you should not take my words as endorsement nor advice. The same goes for the number of partnerships. I have won thousands of gfg now. If you have any further questions then feel free to tag me in this thread and I'll do my best to answer them. Partners can technically choose to use CSC native. For some use cases that makes more sense. Every token that runs on the CSCL will help us in future discussions. We needed to ensure that we can develop things the way we want, without relying on Ripple. I just wanted to reply to a few questions as I was pointed to this thread. This goes for Foundation members as well. While a lot of crypto casinos run under a Curacao license, there is no fully compliant crypto casino Tier 1. And yes, some XRP people have joined our community. Getting new listings is an ongoing process. We are targeting regulated markets and are working with evolving markets towards regulation. Ease of AML measures. This might be because of things we want to build or at the request of regulators or partners. I keep hearing this a lot and I just want to make this clear: We don't pay people to promote our work. It's two of the way we collect revenue with. Almost at 12m csc as of nov 1st. It is indeed hard to get : I tried so many IPA's and beer overall in my life that i think Pliny is a bit overvalued, but it Is, still, the work of art, in any definition of the word, marketing or not, and created a cult following that lifted the entire IPA industry to the moon and beyond Thanks for a detailed overview of the Casino Coin; I truly hope CSC ledger can become very valuable for the gambling industry in the near future. It's a long and hard road to travel but I am sure we will be able to fix that with the partnership we got alread and are currently working on. CSC is currently listed on 6 exchanges. Little opinion. We also don't pay market makers. This could lead to a significant partnership between Aruze gaming and casinocoin like exists now with Cammegh. The current crypto market condition is not one of our main issues. The Foundation itself does not speculate about the price of CSC and does not participate in discussions about it. Coins that get collected by the foundation will be used to cover expenses. This is huge for all of crypto. My only question few questions as a speculator and potential investor in CSC is: the money that the "non for profit" foundation gets from a partner, and the royalties from each transaction from a token created on a CSC ledger still get sold into fiat those fees not burned as the case with XRP so I guess it negates the demand pressure on CSC. Creating your own token is not something all casinos will do or want. At the current stage I am personally not too worried about the volume or exchange rate. Havin a lower volume but working uses cases helps a lot in those talks. Running our own ledger allows us to modify it the way we see it fit. This is a burden and relif at the same time. If you consider volume as the main sign of success, I will have to give you that one. Development and implementation in months. I have met a lot of good folks from the XRP community, luckily more than "bad" ones. THEY wanted to use tokens. Just a few benefits, depending on how you look at it. The Foundation is a non-profit registered on the Isle of Man and Malta. Not trying to sell you anything. To my surprise, I can't remember this happened even once in the last 9 years. Read this link to understand the problems and solutions that were addressed between the partners:. We didn't incentivize this. This path was taken, rather than building on the XRPL, for a couple of reasons. I am a fan of both coins, the underlying tech seems to be the best currently out there, and they both have great use cases You are welcome. And they don't even have games that I enjoy like blackjack and Texas holdem. Those tx are labled as foundation expenses. I am not saying they all do, but as with the whole space I would personally assume lots of it is washtading to make it more successfull. Development, infrastructure, and support aren't free and this is one way to generate revenue. Other than that, feel free to ask me anything. People that do hold CSC back from those days either mined or bought the coins. I just wanted to comment on a few points that have been made. Casinocoin pivoted to provide direct solutions to what their clients wanted. To make this happen, we are currently working on better on and offramps. It started out as a Litecoin fork I believe I personally saw this as an opportunity to invest in something promising early in its development cycle much earlier than my timing with XRP. Some of the benefits for players, based on how our partners integrate us, is fast onboarding, including KYC, along with the ability to move funds fast between casinos. Answer: Each partner is different. We also have a commercial branch which can do buisness like paid development, it is a sperate entity. We had to buy coins our self, there were no handouts. The goal is having CSC being used by casinos.