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In IT, Innovation and Startups

Turning losses into shares: an innovative way to own casino implemented

18th April 2019

Turning losses into shares: an innovative way to own casino implemented Pin It

Gambling and crypto currencies are interwoven. Both are based more on luck than any other type of investment. Risks and ‘known unknowns’ are the second nature in crypto market, gambling and betting. The year 2018 has shown that it is even easier to loose a fortune in coin investing than while sitting at the roulette table.

If someone has lost money, so someone has won the same amount, right? Those who is free of the unhealthy passion are most often the ones who win. MyCasinoBest.com, a young startup company, has launched a casino which turns players to owners of the casino itself.

Are gambling and investment in crypto compatible?

It is hard to speak about how successful or really lucky the project is from the investors point of view. It is clear, however, that it is something that was never done before. At least we were not able to find the predecessors. In fact, by analysing the model of the MyCasinoBest.com we’ve determined that active players are being slowly but surely turned to shareholders.

Shareholders do not gamble, they earn on established businesses such as online MyCasinoBest.com and it’s offline sister – My Casino Best at Cyprus and Kazakhstan. In-depth information on a brave attempt to tie together real casino, virtual one and cryptocurrencies as an investment tool can be found in the project’s whitepaper.

According to the open statistics the website is experiencing a daily growth of 20%. It is done without aggressive advertisement or virus marketing tricks. There are no bad reviews at the moment of this article is being written.

Talk-finance.co.uk editorial board in no way is endorsing any investment in this project. We do not call to gamble in this or any other casino. We merely scratched the surface of the financial model and we believe that it is viable. As always, exercise caution. Our opinion is shared for educational purposes only.

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