ThorFi and Betswirl partnership has been announced. The new collaboration with Betswirl, a decentralized gambling platform, gives $THOR token holders access to their games and offers an additional revenue stream.

Fully decentralized and cross-chain Betswirl seeks to be a fair, non-custodial, licensed, trustless, and community-driven platform. It values story-driven and entertaining casino games with beautifully designed visuals. Current games include Dice, Coin Toss, and Roulette; more are coming soon.

Benefits to ThorFi include the financial benefit (partnering with AVAX and receiving the built-in advantage of Betswirl’s “house edge” and a new utility offering). For its community members, you’ll get access to Betswirl’s casino-style games using the $THOR token and any potential winnings, plus a portion of the revenue use for buybacks, increasing the $THOR token price. See below for a breakdown of how its “house edge” funds will be utilized.
Courtesy of Thor Financial

Another key benefit is that accredited gaming certification lab BMM TESt Labs has certified Chainlink VRF (utilized by Betswirl) as compliant. This confirms it as truly, verifiably random, meaning that no cheating is possible. It also allows Betswirl to fully utilize online gambling purely using blockchain.

ABOUT Betswirl

BetSwirl aims to be a decentralized gambling platform. Provably fair, non-custodial, licensed, trustless, and community-driven.

Website | Twitter

ABOUT Thor Financial

Thor Financial is a diverse ecosystem of protocols and products hosted on the Avalanche blockchain. Its aim is to be the premier hybrid DeFi-as-a-Service (DaaS) and Nodes-as-a-Service (NaaS) protocol. As pioneers in the market, its goal is to add an ever-expanding ecosystem, leading to widespread adoption and healthy, long-term returns for its community.

Website | Twitter

RESOURCES

Thor Financial

REQUEST AN ARTICLE

Comments

Post a Comment

Popular posts from this blog

XRP Down 20% in a Month: Is the Bull Run Over?

Image
Ripple’s native token XRP is down close to 20% in a month. The downturn indicates that the bull run could be over as its price is on a slippery slope. While bulls were expecting the leading altcoin to breach the $4 mark, it now looks like it could fall below the $2 range. Investors are skeptical of taking an entry position, believing that the altcoin is yet to bottom out in price. Also Read: AI Models Reveal How Ripple May Surpass Rival Cryptos Will XRP Rise Again? Source: Coin Edition Yes, XRP will rise again, and that’s the way the market functions in a cyclic manner. The rise, fall, and sideways trading is the norm, but the million-dollar question is, how long will it last? Nobody, not even a seasoned investor, can crack the market timing, as it’s the only thing that cannot be tamed or controlled. Also Read: Canary Capital Sets Nov. 13 Launch for XRP ETF After SEC Shift Leading on-chain metrics and price prediction firm Wallet Investor has painted a bearish picture ...
Read more

Bitcoin Price Slumps 5% As Unemployment Data Stokes Recession Fears, Yet Investors Flock To 99BTC Presale With Less Than 3 Days Left

Image
The Bitcoin price plunged 5% in the last 24 hours to trade at $61,489 as of 11:58 p.m. EST on trading volume that surged 14% to $45 billion. The dive followed economic data in the US that showed hiring slumped, while unemployment rose for a fourth month in July, stoking fears that the Federal Reserve may have waited too long to start lowering interest rates. Some Fed watchers are now concerned that the central bank should have decided at a meeting this week to lower rates for the first time in four years. This could have allowed them to get ahead of a slowing US economy without risking it tipping into a recession. Bitcoin Price Bearish – Could The Bulls Stage A Trend Reversal? The Bitcoin price continued with the bearish trend, dropping below the 200-day Simple Moving Average (SMA) according to our Analysis yesterday, dropping to $60,640. BTC now trades below the lower boundary of the falling channel and below the 50-day and 200-day SMAs, which support the bearish stance. ...
Read more

Crypto Chart Patterns Explained: How to Read Bitcoin Charts

Image
You may have come across terms thrown about in the crypto space, such as “head and shoulders,” “rising wedges,'' and “cup and handle.” These are used by traders when analyzing crypto chart patterns. In this guide, we will explain how to read bitcoin charts and highlight popular crypto chart patterns you should know. What is Chart Analysis?  To determine whether to take a long or short position when trading bitcoin, you can use charts that provide you with timely insights. Technical analysis can help traders to assess price trends and crypto chart patterns to spot trading opportunities.  Technical analysis involves the analysis of past trading activity and price fluctuations of an asset, which can help to predict future price movements to some degree. Technical analysis uses patterns in price information to identify trends and make predictions.  Bitcoin chart Analysis is important in the sense that traders can interpret ch...
Read more