Cryptocurrency

THNDR Releases Infrastructure for Limitless Wagering, Disrupting $95B Online Gambling Market

Published

1 year ago

October 13, 2023

THNDR announced its newest product, Clinch, an API that enables instantaneous, borderless, low-fee, peer-to-peer wagering using the Bitcoin Lightning Network. Created in response to the pain points of traditional competitive gaming platforms – including high buy-ins, cashout thresholds, slow payouts, and regional restrictions – Clinch makes global, limitless wagering a reality.

Targeting the $95B online gambling market, the Clinch API allows partners, such as online casinos, sports books, and competitive gaming platforms, to integrate global, high-frequency wagering without the restrictions, high fees, and slow processing of traditional gaming providers. Clinch is a revolutionary monetization tool for game developers and other businesses navigating ever-changing app store and developer platform policies.

Current competitive gaming typically enforces high buy-ins, often requiring users to deposit $20 or more to begin gameplay. These thresholds are untenable for the majority of global users, especially in emerging markets and developing regions, unable or unwilling to deposit such high amounts of funds. Clinch’s wagering rails make it possible for users to enter wagers for as little as one satoshi (1/100,000,000th of a bitcoin). Clinch not only opens the door for users globally, it also allows businesses using the API to reach and monetize this global audience.

As of the announcement, users can test out Clinch in THNDR’s portfolio of games, beginning with the cult-classic, Club Bitcoin: Solitaire, which reached #21 in the App Store and is the highest ranked bitcoin game of all time. Users can place a wager (in bitcoin) on a game of Solitaire against friends, and funds will be paid out instantaneously, peer-to-peer.

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Select partners are currently testing out early API access and users should expect limitless Clinch wagering in an endless supply of games. Expanding the Clinch suite of offerings outside of skills-based wagering, THNDR is working with sports-betting and gambling companies to make high-frequency wagering globally accessible and more efficient while elevating the integrity and overall quality of the gameplay.

How it works: Clinch allows users to place wagers directly with peers, for exactly the desired amount – no upfront deposit required. Wagers can be placed for as little as one satoshi, or 1/100,000,000 of a bitcoin, and there is no upper limit on the wager size (although early Clinch versions will be capped as the tech is tested in production).

While similar wagering and betting innovations have been tested on other blockchain protocols, these are fraught with security vulnerabilities, negligent token issuance, centralization, and have garnered regulatory scrutiny. In light of the recent $41.3M hack of the online crypto casino and sports betting platform, Stake.com, Clinch offers a welcome alternative by giving users complete control of their funds. THNDR is the first company to launch a consumer wagering product and API on Bitcoin’s Lightning Network.

Users can now test out early access, wagering bitcoin in near real-time, PvP Solitaire matches. Initial rollout is invite-only but users can sign up for rolling waitlist access. Developers interested in integrating the Clinch API can visit api.clinch.gg for API documentation and access.

THNDR is a gaming infrastructure company focused on building products that enable competitive, connected play, frictionless rewards, and borderless wagering. THNDR’s newest product, Clinch, leverages the Bitcoin Lightning Network to enable instantaneous, depositless, peer-to-peer wagering.

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Cryptocurrency

SCCG Management Announces Sponsorship Partnership with Hoppa! Card

Published

4 months ago

August 1, 2024

Niji Narayan

SCCG Management, a leading advisory firm in the global gaming industry, has announced a sponsorship partnership with Hoppa! Card, a pioneer in crypto payments and banking solutions. This collaboration is set to revolutionize the payment landscape for the gambling industry with a strong focus on crypto technology, leveraging SCCG’s extensive ecosystem of over 120+ client partners and its global presence across all major regions.

Through this partnership, SCCG Management will support Hoppa! Card in delivering their innovative crypto payment and banking solutions to a wider audience within the gaming industry. The synergy between SCCG’s expansive network of client partners and Hoppa! Card’s cutting-edge financial technology aims to enhance the efficiency and security of managing complex payment needs in the gambling sector.

Hoppa! Card’s flagship products, including the Exclusive Global Soft KYC High Limit Crypto Offramp VISA Card and the Unique Payment Gateway, are designed to meet the most challenging payment requirements. The VISA Card offers high limits and the highest possible privacy standards with anonymous cards, ensuring global accessibility with both virtual and physical card options. The Payment Gateway provides seamless processing for various crypto and fiat transactions, eliminating chargebacks and non-acceptance of cards, while catering to all gaming licenses and jurisdictions.

Stephen Crystal, Founder and CEO of SCCG Management, said: “Partnering with Hoppa Card allows us to provide our clients, as well as our global network of operators and platform providers, with crypto-focused payment solutions that are crucial in today’s fast-evolving gaming industry. Their innovative products align perfectly with our mission to drive strategic growth and maximize revenue for our partners.”

Igor Lavrih, CEO of Hoppa Card, said: “We are excited to kick off the partnership with SCCG, merging our payments expertise with their deep market insights to explore new opportunities and drive innovation. We look forward to the synergies our partnership with SCCG will bring forward, delivering unique payment solutions in the gaming industry to an array of growing and established businesses.”

Cryptocurrency

Vibra Gaming partners with CryptoZpin to offer content to global crypto brands

Published

5 months ago

June 19, 2024

Adrienn Sarkany

Vibra Gaming will distribute its content portfolio through white label. cryptocurrency provider GamSnap, who will supply several of its global operator partners with an initial launch on the CryptoZpin brand: www.cryptozpin.com

Vibra’s proven gaming content will be extended by GamSnap to Cryptožpin, as well as future cryptocurrency brands in multiple global markets, including Latin America, Europe and Asia

Vibra Gaming, a fast-growing Latin American company, is recognized for its creative and innovative content with a wide range of highly engaging slots such as Carnaval Alegría and branded slots such as Popeye; Quick Games including Crash, Double and Dice; a series of successful table games including roulette and blackjack, and unique bingo content including classic old-school bingos as well as new original titles including Egyptian Riches Gold and Underwater

Henrik Granlund, Product Owner, GamSnap, said: “GamSnap, the new Crypto Casino white label provider, is pleased to partner with Vibra and offer their exciting games not only to the Latin American market but also to the European and Asian markets. We are excited to see how the games perform with our clients, CryptoZpin.com, and our future brands. We look forward to working side- by-side with the Vibra team and watching our partnership grow.”

Ramiro Atucha, CEO, Vibra Gaming, said: “Our gomes have enormous reach with local and international operators both across the LatAm region and globally. Our new portnership with GamSnap will give us even an even broader horizon, working with a new range of up and coming crypto brands that we’re all very excited to be part of.”

Cryptocurrency

BitLine Enhances Onboarding Experience in Collaboration with Jumio: Simplified KYC for Casino Patrons

Published

7 months ago

April 25, 2024

Alan Campbell

This collaboration emphasizes convenience, security and regulatory compliance

Through the BitLine app, users can seamlessly transact with up to US$10 million in casino chips 24/7

BitLine, a pioneering provider in the integration of digital assets for direct access to casino chips, proudly announces a strategic alliance with Jumio, an industry leader renowned for its comprehensive know-your-customer (KYC) solutions.

This partnership marks a significant milestone as BitLine streamlines its onboarding process for casino patrons, ensuring a seamless and secure journey into the realm of digital asset-based payments for gaming.

The collaboration between BitLine and Jumio signifies a commitment to delivering unparalleled convenience while upholding the highest standards of security and regulatory compliance. By leveraging Jumio’s advanced technology, BitLine reinforces its dedication to building trust among users and offering a frictionless experience for individuals seeking access to casino chips via digital assets.

Richard Jones, the Chief Executive Officer for BitLine by Ibanera, expressed enthusiasm about the partnership, stating: “Trust and compliance are the cornerstones of every successful casino venture. At BitLine, our vision to innovate this industry through digital assets hinges on maintaining trust and adherence to regulations. Our collaboration with Jumio represents a monumental stride towards achieving this vision, ensuring that casino patrons transact securely and confidently through our platform.”

Echoing this sentiment, Robert E Prigge, the Chief Executive Officer for Jumio, commented: “The evolving landscape of digital assets presents endless possibilities and BitLine’s innovative approach has reshaped the casino industry. By eliminating withdrawal limitations and expanding accessibility, BitLine has ushered in a new era of gaming. We are thrilled to contribute to BitLine’s journey by providing essential elements of security and compliance.”

BitLine by Ibanera grants cryptocurrency owners unprecedented access to up to US$10 million in casino chips, 24/7/365, serving as a conduit for liquidity on the casino floor. Through the intuitive BitLine app, casino enthusiasts worldwide can initiate transactions within minutes, leveraging their digital assets to unlock funds effortlessly.