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Fairspin – a new take on casinos and blockchain

When we hear the phrase “online casino” nothing good comes to mind. The phrase “the casino always wins” comes to mind, and when you combine that with the impunity of online casinos, it’s not pretty at all. What if we told you that casinos could be completely honest with their customers by using the transparency of blockchain technology? Sounds pretty fantastic, so to dispel your doubts, we’ve decided to introduce you to Fairspin online casino.

Read more about Fairspin

Fairspin, formerly known as Fairplay, is a popular online casino that has won prestigious awards such as the EGR Operator Awards 2019 and SBC Awards 2019. A fairly young product (less than four years old), Fairspin has already revolutionised the gambling and cryptocurrency markets.

The most important feature that sets the casino apart from a number of similar projects is its well-designed integration with blockchain. Previously, casinos and cryptocurrencies only intersected in two ways:

  • Cryptocurrency deposits, which, while making the process easier for token holders, in no way guaranteed the integrity of the gaming site;
  • gaming DApps, which, while providing transparency, are on the market in an extremely limited range due to the complexity and high cost of such developments.

Fairspin has innovated in its field with a completely unique approach – providing users with a large selection of games with all the benefits of blockchain. All transactions on the platform take place using one single currency – the ERC-20 token TPLAY. The token was issued by the TruePlay project specifically for tracking and controlling game data. The token is not listed on any exchange – you can only get it when you top up your balance on Fairspin. This allows Fairspin to record game and transaction statistics on the blockchain using classic games from the world’s leading providers.

What does this approach mean for the user?

With TPLAY conversion, deposits can be made in almost any fiat or cryptocurrency.

This is an opportunity to use all the best games from world leaders such as NetEnt and Microgaming.

Each user can check (in the Etherscan blockchain browser) every player’s winnings and losses. Consequently, the most profitable game can be chosen based on the percentage of wins.

The immutability of the blockchain ensures that users’ game data cannot be tampered with in favour of the casino.

It is also worth considering that blockchain ensures not only immutability and transparency, but also complete confidentiality. All transactions are signed with a private-key and published on the blockchain in an encrypted form.

Advantages of Fairspin Casino

Fairspin is the world’s first online casino to offer its users a combination of a proven blockchain-based betting platform and classic casino games. There are some notable advantages that set Fairspin apart from traditional online casino platforms.

  • Every bet is recorded on the blockchain.
  • User data and cryptocurrencies are secure and encrypted.
  • Players can instantly withdraw their winnings in digital currency without any fees.
  • The casino balance is always publicly displayed on the TruePlay blockchain network.
  • Fairspin offers new users 100-200% bonuses on first deposits and regular bonuses for regular players.
  • In-depth analytics of the entire gameplay process are available to users.
  • The interface is available in eight languages.
  • Etherscan displays information not only about the balance of the casino, but also about deposits and withdrawals of winnings.

The online casino is licensed by Curaçao eGaming, one of the most trusted gaming licensors in operation since 1996.

Fairspin’s gambling range

Fairspin recognises the importance of a wide range of high quality casino games. The gaming platform offers a selection of almost two hundred of the most popular games, which include:

  • Slots (Book of Gold, Burlesque queen, Burning Wins, Fruits & Jokers);
  • Roulette (Roulette with tracks);
  • card games (European Blackjack, American Blackjack, Baccarat Deluxe, Win Win Won);
  • lotteries (Donuts Rush, Red Square Games).

As we’ve already mentioned, each spin is logged in a blockchain, which allows you to keep track of both general and personal game dynamics. The casino also delights players with various casino games tournaments and promotions:

  • A welcome bonus – 30 free spins for new players;
  • 100-200% bonuses on first deposits and regular bonuses for regular players;
  • cashback of up to 10% on losses.

And for the gamblers who like big bets, there are additional benefits. VIP status entitles you to gifts, cashback up to 25%, 100 personal freespins per week, a 100% deposit bonus and other unique rewards.

Summary

Fairspin has been designed to eliminate any type of fraud and provide players with a decentralised online gaming platform. Fairspin has partnered with leading game providers, providing the largest selection among similarly focused companies. All Fairspin games are run through smart contracts that cannot be changed, and as a result, users’ bets are anonymously displayed on the TruePlay blockchain network. Fairspin is the first classic online casino to go public, creating a secure and fair gaming platform.

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